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Ukraine set to pay off $400 million for Gazprom’s gas supplies

March 03, 2014, 16:13 UTC+3 KIEV
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KIEV, March 03. /ITAR-TASS/. Ukraine plans to pay off $400 million of its $1.5 billion debt to Russia’s gas giant Gazprom, Energy Minister Yuri Prodan told a news conference on Monday.

“400 million dollars will be our payment for gas supplied to Ukraine in February,” he said, adding that Ukraine’s debt for Russian gas supplies exceeded $1.5 billion as of March 3.

“This is the debt we have inherited from the previous government,” Prodan said. “We continue to pay off this debt, but cannot pay it in full at such a fast pace.

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