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MOSCOW - Russia's state-controlled natural gas monopoly on Tuesday slapped another harsh supply cut on Ukraine in a debt and contract dispute being watched nervously by customers in Western Europe.
Ukraine's natural gas company said there were no immediate plans to divert Europe-bound gas to supply Ukrainian customers, but held out the possibility it could do so if reserves run low.
Much of the Russian gas consumed in Europe comes in pipelines crossing Ukraine.
The Russian monopoly, OAO Gazprom, is demanding Ukraine sign documents resolving a $600 million debt dispute and enabling further gas deliveries. On Monday, it cut shipments by 25 percent.
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