Russian region will not have to pay debt to Gazprom

RUSSIA / FSU POLITICS - In Brief 26 Jan 2019 by Alex Teddy
A court in the Russian region of Chechnya ruled that Chechnya does not have to pay a debt of USD 135 million to Gazprom. Gazprom has protested. The company is worried that other regions will also seek to have their debts written off too. The General-Prosecutor has taken Gazprom's side in this dispute. The president is trying not to get drawn into the row. Chechnya is a notoriously difficult region and has benefitted from a federal subvention but this is being reduced.

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