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Gas supplies to Ukraine will start on October 12 — Gazprom CEO

CEO of Russian gas giant Gazprom Alexei Miller said that on Friday an advance payment for October gas supplies will be made
Gazprom CEO Alexei Miller  TASS/Stanislav Krasilnikov
Gazprom CEO Alexei Miller
© TASS/Stanislav Krasilnikov

MOSCOW, October 9. /TASS/. Gas supplies to Ukraine will start on October 12 at 10:00 a.m. (Moscow time), CEO of Russian gas giant Gazprom Alexei Miller told reporters on Friday.

He added that on Friday an advance payment for October gas supplies will be made.

"We have just reached an agreement with Naftogas of Ukraine that a prepayment for gas supplies in October will be made today. After the transfer is made, at 10 am on October 12, Gazprom will start gas supplies to Ukraine. The Ukrainian side has sent us a request for the amount of 2 billion cubic meters of gas in October," Miller said.

Naftogaz should transfer $500 million to Gazprom for the supplies.

Minister of Energy and Coal Industry of Ukraine Vladimir Demchishin said earlier that the money will be transferred in tranches.

Russian gas will be injected into underground storage facilities in Ukraine, which have accumulated 15.7 billion cubic meters. For the coming winter season they should contain at least 19 billion cubic meters, experts say.