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Naftogaz pays for gas supplies in roubles for the first time

December 7, the company transferred to Gazprom 210 million dollars and 7.2 billion roubles /232.2 million dollars/

MOSCOW, December 8 (Itar-Tass) —— Ukraine’s national gas company Naftogaz of Ukraine has paid for the first time in roubles to Gazprom for supplied gas.

Ukraine’s company reports that for the gas imported in November Ukraine owes over 972.2 million dollars. On December 7, the company transferred to Gazprom 210 million dollars and 7.2 billion roubles /232.2 million dollars/.

“In compliance with the additional agreement of December 5, 2011 to the basic gas buy-sell contract, the company has a right to make payments for imported natural gas no later than to the 28th day of the months following the supplies,” Naftogaz reports. Earlier, the payment deadline was the seventh day. Thus, Ukraine owes to Gazprom 530 million dollars more for the supplies made in November.

The price for Russia’s natural gas supplied to Naftogaz in the fourth quarter of the current year makes about 400 dollars per a thousand cubic metres.