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| Gazprom to reduce Ukraine's gas | Gazprom to reduce Ukraine's gas |
| (10 minutes later) | |
| Gazprom, Russia's gas monopoly, says it will cut supplies to Ukraine by 25% on Monday after talks between the two sides ended in failure. | Gazprom, Russia's gas monopoly, says it will cut supplies to Ukraine by 25% on Monday after talks between the two sides ended in failure. |
| The state-run Russian company said its efforts to get Ukraine to pay its debts had "reached a dead end". | The state-run Russian company said its efforts to get Ukraine to pay its debts had "reached a dead end". |
| Earlier this month, Russian President Vladimir Putin and Ukraine's Viktor Yushchenko reached an outline deal, but the details could not be agreed. | Earlier this month, Russian President Vladimir Putin and Ukraine's Viktor Yushchenko reached an outline deal, but the details could not be agreed. |
| Western commentators accuse Moscow of using Gazprom as a political tool. | Western commentators accuse Moscow of using Gazprom as a political tool. |
| A previous row between the two sides saw Russia cut gas to Ukraine in 2006, also hitting exports to western Europe. | A previous row between the two sides saw Russia cut gas to Ukraine in 2006, also hitting exports to western Europe. |
| The European Commission has said it has been assured by Gazprom that supplies to the EU will not be affected by any renewed cut in exports to Ukraine. | |
| Missing gas | |
| Gazprom says it is owed $1.5bn (£770m) in arrears by Ukraine for gas already supplied. | |
| It says 1.9 billion cubic metres of gas have gone missing and are now considered Ukrainian debt. | |
| Gazprom spokesman Sergei Kupriyanov said in a statement that talks with Ukraine on Thursday and Friday had failed to produce results. | Gazprom spokesman Sergei Kupriyanov said in a statement that talks with Ukraine on Thursday and Friday had failed to produce results. |
| "Considering that the situation has reached a dead end, to guarantee its own economic interests, Gazprom will reduce its gas supplies to Ukrainian consumers by 25% on 3 March at 1000 [0700 GMT]," the statement said. |