Russia will cut off gas supplies to Ukraine at 7 a.m. GMT January 1 if no contract is signed with the country, the chief executive of natural gas monopoly Gazprom said Friday, RIA Novosti informed.

"If Ukraine does not sign the contract for gas supplies in the hours remaining until the New Year, Russian natural gas supplies for Ukrainian consumers will be stopped at 10 a.m. Moscow time [7a.m. GMT]," Alexei Miller told the NTV television channel. "The actions will be clear and decisive."


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