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Page added on January 11, 2009

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Russia Gazprom shuts wells, makes losses in gas row

MOSCOW (Reuters) – Russia’s gas row with its neighbour Ukraine has forced Russian gas giant Gazprom to shut down over 100 gas-producing wells, local agencies reported on Sunday, quoting Prime Minister Vladimir Putin.
Gazprom has also suffered losses of $800 million due to the row over gas debts and pricing for 2009, which led to a cut-off in Russian gas supplies to Ukraine on Jan. 1.


Reuters



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