Russian gas monopoly Gazprom said on Saturday it was preparing to cut gas supplies to Belarus from the New Year as talks with Minsk over pricing terms were not encouraging.The two sides continued haggling on Saturday over terms to end the price dispute that could disrupt supplies to Europe, but Gazprom said the level of the delegation sent by Belarus was too low for any real progress to be made. "The way the talks are proceeding at this moment prompts us to get ready for a critical development of events," Gazprom's spokesman Sergei Kupriyanov said. Gazprom has threatened to cut gas supplies to Belarus, one of the transit routes for gas to European consumers, at 0700 GMT on January 1 unless Belarus agrees to pay more for gas, while Minsk has threatened to disrupt transit shipments. ...
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