Wednesday, December 24, 2014

Ukraine’s Naftogaz transfers $1.65 bln to Russia’s Gazprom under Brussels agreements

Ukraine’s Naftogaz has transferred 1.65 billion U.S. dollars to Russia’s Gazprom as repayment its gas debts, Naftogaz said on Wednesday.

Thus, in line with the agreements reached in Brussels, Naftogaz has paid 3.1 billion U.S. dollars in two tranches to pay for 11.5 billion cubic metres of gas supplied by Gazprom in November-December 2013 and April-June 2014. The first tranche of 1.45 billion U.S. dollars was transferred on November 4.

In October, Gazprom and Naftogaz reached an agreement to resume Russian gas supplies to Ukraine on condition Naftogaz repays its 3.1 billion U.S. dollar debt. In early December, Naftogaz made an advance payment for gas supplies in December.


1 comment:

  1. Ukraine’s Naftogaz Says $1.65 Billion of Debt to Gazprom Covered ...

    Ukraine's Naftogaz has transferred $1.65 billion to Russia's Gazprom to cover some of the unpaid Russian gas deliveries, the company has announced in a statement.

    "Thus, in accordance with the agreements reached in Brussels, Naftogaz has paid $3.1 billion, in two transfers, for 11.5 billion cubic meters of gas delivered by Gazprom in November-December 2013 and in April-June 2014," the statement said.

    "The first payment amounting to $1.45 billion was transferred on November 4," the statement added.................


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