Russia’s Gazprom Says It Will Terminate Natural Gas Supplies If Price Cap Is Imposed

The logo of Gazprom is seen on the facade of a business center in Saint Petersburg, Russia, on Jan. 26, 2022. Anton Vaganov/Reuters

The CEO of Russia’s energy giant Gazprom has warned that energy supplies will be halted if Europe imposes price caps on Russian natural gas exports.

“Such a one-sided decision is of course a violation of existing contracts, which would lead to a termination of supplies,” Gazprom CEO Alexei Miller said on Russian TV on Sunday, Reuters reported.