Ukraine is likely to keep accumulating debt for Russian gas supplies, especially after Gazprom announced it will cancel a gas price discount for the former Soviet republic. Ukraine said it would not be able to pay in full for its February supply. But Russian Prime Minister Dmitry Medvedev warned that “those who don’t pay for goods supplied must understand they will face consequences and may lose shipments on easy terms”.

Meanwhile, Alexei Kokin, a senior oil and gas analyst at UralSib Financi...

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