Russia threatens to turn off gas supplies to Ukraine

  • Russia on Tuesday, December 23, threatened Ukraine to cut off gas supplies if it fails to pay Russia at the end of 2014, the amount of $1.65 billion, in advance for January supplies, according to media reports. The move has come after Ukraine failed to meet the Russian-imposed deadline on Monday to pay an installment of $ 2 million for past gas supplies.

    It has further escalated the tense relations between the two countries.