EASTERN GERMANY GAS SUPPLY CUTOFF LOOMS

The long running dispute over the price of Soviet natural gas deliveries to eastern Germany has reached crisis point. Effective Jan. 1, the Wintershall AG/Gazprom joint venture has threatened to cut off gas supplies to the German transmission company Verbundnetz Gas AG, currently running at 98.9 bcf/year. Since early this year VNG has refused to accept a 25% price increase and has continued to pay Wintershall/Gazprom at the pre-1991 rate.

Dec 9th, 1991
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