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Gazprom Recieves $378Mln From Naftogaz for 1Bln Cubic Meters of Gas

© Sputnik / Egor Aleyev / Go to the photo bankIn June, Moscow switched Kiev to a prepayment system of gas deliveries in light of Kiev's gas debt of more than $5 billion. Since then, Ukraine has been receiving gas through reverse flows from several European countries and using its own reserves.
In June, Moscow switched Kiev to a prepayment system of gas deliveries in light of Kiev's gas debt of more than $5 billion. Since then, Ukraine has been receiving gas through reverse flows from several European countries and using its own reserves. - Sputnik International
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Russian energy giant Gazprom confirms receipt of $378 million from Ukraine's Naftogaz for the delivery of one billion cubic meters of Russian gas, according to statement of Gazprom spokesperson Sergei Kupriyanov.

The central office of the Nafrogaz Ukrainy national oil and gas joint-stock company - Sputnik International
Naftogaz Says it Transferred $378 Mln for 1 Bln Cubic Meters of Russian Gas
MOSCOW, December 6 (Sputnik) — Russian energy giant Gazprom has received $378 million from Ukraine's Naftogaz for the delivery of one billion cubic meters of Russian gas, Gazprom spokesperson told RIA Novosti on Saturday.

"The money has been received," Sergei Kupriyanov said.

On Friday, Naftogaz released a statement saying that it had transferred $378 million to Gazprom in prepayment for gas deliveries.

Russia's energy giant Gazprom will not supply gas to Ukraine if it fails to clear its debts by the end of 2014, a top Gazprom executive told Sputnik Monday. - Sputnik International
Gazprom to Supply Gas to Ukraine Only With Debts Paid Off by End of 2014
In June, Moscow switched Kiev to a prepayment system of gas deliveries in light of Kiev's gas debt of more than $5 billion. Since then, Ukraine has been receiving gas through reverse flows from several European countries and using its own reserves.

In October, Ukraine and Russia reached an agreement for the Russian gas to be supplied to Ukraine until March 2015. Kiev should also pay Moscow $3.1 billion by the end of 2014 in order to cover part of its outstanding debt. In November, Naftogaz transferred the first $1.45 billion tranche of the debt to Gazprom.

 

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