Russia's Gazprom tells Europe gas halt beyond its control
Russia’s Gazprom has told customers in Europe it cannot guarantee gas supplies because of ‘extraordinary’ circumstances, according to a letter seen by Reuters, upping the ante in an economic tit-for-tat with the West over Moscow’s invasion of Ukraine.
Dated 14 July, the letter from the Russian state gas monopoly, said it was declaring force majeure on supplies, starting from 14 June, Reuters reported.
Known as an ‘act of God’ clause, force majeure is standard in business contracts and spells out extreme circumstances that excuse a party from their legal obligations.
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Russia cannot guarantee gas FOR THE EU
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