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

December 24, 2014, 0:44 UTC+3
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
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KIEV, December 24. /TASS/. 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.

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