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05.11.2014 15:36
Ukraine Paid First Gas Debt Round to Russia
Ukraine has to pay USD 3.1 billion in two tranches by the end of the year to cover part of the debts for previous supplies from Gazprom
AUTHOR: publics.bg


  • © Gazprom

Russia's top natural gas producer Gazprom said on Wednesday it had received USD 1.45 billion from Ukrainian energy firm Naftogaz in repayment for unpaid debt, the first step towards Russia resuming gas supplies to Ukraine, Reuters reported.

The payment by Naftogaz is the first to Gazprom since May, when a row over gas pricing and unpaid debts escalated between Moscow and Kiev.

Naftogaz said it had paid the first tranche of its debt on Tuesday. Ukraine has to pay USD 3.1 billion in two tranches by the end of the year to cover part of the debts for previous supplies from Gazprom.

Russia has said the debt stands at either around USD 4.5 billion or over USD 5 billion, depending on the pricing for gas Kiev received between April and June.

Last week, talks between Russia and Ukraine brokered by the European Commission led to a temporary agreement on a gas price, a debt repayment schedule and a resumption of gas supplies until the end of March.


TAGS: Ukraine | Russia | gas | dispute | gas supply | energy | Brussels | EU | energy security | debt | payment 


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