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| Russia-Ukraine gas talks 'fail' | Russia-Ukraine gas talks 'fail' |
| (10 minutes later) | |
| Talks to resolve a gas supply row between Ukraine and Russia have failed, the chief executive of Russian gas giant Gazprom has said. | Talks to resolve a gas supply row between Ukraine and Russia have failed, the chief executive of Russian gas giant Gazprom has said. |
| Alexei Miller said gas supplies to Ukraine would be cut on Thursday but that Russia would do its best to guarantee supplies to Europe. | Alexei Miller said gas supplies to Ukraine would be cut on Thursday but that Russia would do its best to guarantee supplies to Europe. |
| Russian PM Vladimir Putin earlier claimed that Ukraine would block supplies to Europe if no deal was done. | Russian PM Vladimir Putin earlier claimed that Ukraine would block supplies to Europe if no deal was done. |
| Ukraine denies owing money to Gazprom, and says it has guaranteed gas transit. | Ukraine denies owing money to Gazprom, and says it has guaranteed gas transit. |
| Gazprom said it would cut Ukraine's supply from 0700 GMT on Thursday. | |
| "The debt to Gazprom for gas supplied earlier was not paid. Despite verbal statements from Kiev, Gazprom did not see any money in its account," said Mr Miller in a live television briefing. | |
| He blamed Ukraine for the situation and said Gazprom had no legal reason to continue supplying gas to Ukraine. | |
| "Starting from 1000 hours [0700 GMT] on 1 January 2009, Gazprom will stop in full, 100%, supplying gas for consumers in Ukraine," he said. | |
| Ukrainian state energy firm Naftogaz has said that natural gas supplies to European neighbours will remain secure. | |
| A similar row between Gazprom and Ukraine in 2006 led to gas shortages in several EU countries. | A similar row between Gazprom and Ukraine in 2006 led to gas shortages in several EU countries. |