21:52 GMT +326 March 2017
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    Russia

    Russia-Ukraine Gas Conflict

    Ukraine's debt for Russian gas deliveries has reached $3.5 billion as of the end of April. Russia has decided to switch to a prepayment scheme due to the outstanding bills, in full accordance with the countries' contract. Following this decision, Gazprom prepared an advance bill for Ukraine's Naftogaz for June deliveries. In case of non-payment, Russia can suspend the gas supply to Ukraine starting June 3.