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Neftegaz transfers about $487 million to Gazprom in payment for August gas supply

An addition to the Neftegaz-Gazprom contract signed on April 21, 2011, provides a discount of $100 per 1,000 cubic meters of gas

KIEV, September 6 (Itar-Tass) —— Neftegaz Ukrainy has transferred about $487 million to Gazprom in payment for natural gas delivered in August, the company reported on Tuesday.

Neftegaz said that Ukraine paid about $355 per 1,000 cubic meter of Russian gas in the third quarter of 2011.

An addition to the Neftegaz-Gazprom contract signed on April 21, 2011, provides a discount of $100 per 1,000 cubic meters of gas.