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

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
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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.
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