Ukraine To Pay $3.1Bn Of Gazprom Debt By End Of 2014 – EU Energy Commissioner – 26 September 2014

RT logoUkraine will pay Gazprom $2 billion for gas it has received from Russia by the end of October and an additional $1.1 billion by year’s end, EU Energy Commissioner Gunther Oettinger announced.

The amount that Ukraine is expected to pay Russia is far short of the $5.3 billion that Kiev currently owes Gazprom.

Gazprom will resume gas deliveries and send at least 5 billion cubic meters (bcm) of gas to Ukraine at a price of $385 per 1,000 cubic meters after it receives the first tranche of $2 billion, the EU commissioner and Russia’s Energy Minister Alexandre Novak said.

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