“The deadline for settling payment problems is delayed until June 10 at Ukraine’s request as it is a day-off in Ukraine on June 9,” Gazprom stated.
Ukraine’s total debt for Russian gas supplies makes $4,455 billion, including $1,454 billion for November-December 2013 and $3 billion for April-May 2014.
Under the contract Gazprom decided over non-payments to transfer Naftogaz Ukrainy on prepayment from this June. On June 2, Naftogaz repaid the debt for the first quarter in 2014 transferring $786 million. In this regard, Ukraine’s shifting to advance payment was delayed until June 9 on that day.