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Gazprom stops prefunding Ukraine on account of gas transit from January 1

June 28, 2013, 23:49 UTC+3

Gazprom CEO Alexei Miller said on Friday

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MOSCOW, June 28 (Itar-Tass) - Russia’s gas utility Gazprom will stop prefunding Ukraine on account of transit Russian gas supplies from January 1, Gazprom CEO Alexei Miller said on Friday.

According to Miller, Gazprom has paid enough in advance to pay for the transit before the South Stream project is commissioned.

At the same time, he noted that Gazprom would not insist that Ukraine pay immediately for the gas it failed to consume in 2012.

According to earlier reports, advance payment for Russian gas exceeded five billion U.S. dollars, including one billion U.S. dollars Gaprom granted as advance in 2013. Ukraine’s debts for underconsumed gas is seven billion U.S. dollars.

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