Thursday, July 10, 2014

Deadbeat Ukraine: gas debt exceeds $5 billion, no June payments made – Gazprom

‘Ukraine’s gas bill has risen another $838 million, after Kiev failed to make a payment for 1.7 billion cubic meters of Russian gas supplied in the first half of June.
“The deadline for paying June bills expired yesterday; we again didn’t receive the money from Naftogaz Ukraine. As a result Ukraine’s debt to Gazprom for the 1.7 billion cubic meters supplied from June 1 through June 16 rose to $5.296 billion,” Gazprom CEO Aleksey Miller said on Tuesday.
Miller added that Ukraine needs to pay for 11.535 billion cubic meters of Russian gas, which is a “gigantic” volume, comparable to the total supplied to Poland.’
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