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Gazprom Warns of Supply Cuts on Gas Price Caps

NATURAL GAS

Moves to introduce a gas price cap on Russia will entail the suspension of Gazprom’s supplies according to its CEO Alexey Miller.

  • "You know, we are actually guided by the contracts that were signed. Such a unilateral decision is definitely a violation of the essential contract terms, which will entail the suspension of supplies," he said.
  • Putin last month threatened to cut off energy supplies if price caps were imposed.

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