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. Last Updated: 07/27/2016

Chubais Concerned

Reducing gas supplies to 95 billion cubic meters a year would lead to blackouts in one-third of Russia, Unified Energy Systems chief Anatoly Chubais said at a State Duma hearing Tuesday in response to a letter from Gazprom CEO Rem Vyakhirev.

The 2000 target is 134 billion cubic meters, but Chubais said he believes that Gazprom does not have the slightest idea of how much it will supply even in November of this year.

"I have an official letter from Vyakhirev … saying they will reduce deliveries in 2001 to 95 bcm of gas … that means I will have to turn the electricity off in a third of the country," said Chubais. "Is this a joke? I don’t know. The Energy Ministry doesn’t know, the government doesn’t know, the president doesn’t know," he said.