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    Naftogaz Says Ready to Pay Off $3.1 Bln of Gas Debt to Russia in Two Tranches

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    Russia-Ukraine Gas Conflict (292)
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    Ukraine’s national oil and gas company Naftogaz is ready to pay off $3.1 billion of its gas debt to Russia in two branches before year’s end, EU Energy Commissioner Guenther Oettinger said Tuesday.

    BRUSSELS, October 21 (RIA Novosti) - Ukraine’s national oil and gas company Naftogaz is ready to pay off $3.1 billion of its gas debt to Russia in two branches before year’s end, EU Energy Commissioner Guenther Oettinger said Tuesday.

    “Before the end of October, Naftogas has to pay $1.45 billion,” Oettinger told reporters following trilateral gas talks in Brussels between Russia, Ukraine and the European Union.

    “Naftogaz has also stated its readiness to pay the second tranche, amounting to $1.65 billion, before the end of the year. In total, we arrive at the figure of $3.1 billion,” he added.

    Topic:
    Russia-Ukraine Gas Conflict (292)
    Tags:
    gas, Naftogaz, European Union, Guenther Oettinger
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