2006 Russia–Georgia energy crisis suspicious coincidences, Georgia accused Russia of conducting deliberate acts of sabotage with the aim of forcing the nation into surrendering its pipelines to Gazprom - the Russian state-owned monopoly. Russia dismisses the accusations, claiming the charges could be set by terrorists. The pipelines were eventually fixed. 2006 Russia–Georgia energy crisis The 2006 Russia–Georgia energy crisis describes an international incident triggered by two explosions on the Mozdok–Tbilisi natural gas pipeline in North Ossetia on January 22, 2006. The explosions suspended gas supply to Georgia at a time when the weather was particularly cold, leading to allegations of deliberate energy blackmail carried
Gazprom of Romania's, 36 percent of Germany's, 27 percent of Italy's, and 25 percent of France's gas. The European Union receives about 25 percent of its gas supply from Gazprom. In 2014, Europe was the source of 40% of Gazprom's revenue. The proportion of Europe’s gas bought in the spot market rose from 15 percent in 2008 to 44 percent in 2012. In September 2013, during the G20 summit, Gazprom signed an agreement with CNPC that the Henry Hub index would not be used to settle prices for their trades. On 21 May 2014, Putin met with Xi Jinping and negotiated