Russia's Gazprom says gets first debt repayment from Ukraine


  • World
  • Wednesday, 05 Nov 2014

(Front Row, L-R) Gazprom CEO Alexei Miller and Ukrainian state gas company Naftogaz CEO Andriy Kobolev attend a signing ceremony after gas talks between the European Union, Russia and Ukraine at the European Commission headquarters in Brussels October 30, 2014. REUTERS/Francois Lenoir

MOSCOW (Reuters) - Russia's top natural gas producer Gazprom said on Wednesday it had received $1.45 billion (908.69 million pounds) from Ukrainian energy firm Naftogaz [NAFTO.UL] in repayment for unpaid debt, the first step towards Russia resuming gas supplies to Ukraine.

The payment by Naftogaz is the first to Gazprom since May, when a row over gas pricing and unpaid debts escalated between Moscow and Kiev.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Russia says attack on oil tanker near CPC was carried out by Ukrainian drones
Kazakhstan urges Europe and US to help secure oil transport after CPC attack
NATO would be 'more formidable' with US control of Greenland, Trump says
Macron on Greenland: If sovereignty of an ally is affected, knock-on effects would be unprecedented
Singapore parliament votes to remove opposition leader after lying conviction
Russia's Lavrov says the U.S. is smashing the world around with its raid on Venezuela and threats to Iran
No-confidence votes test French government as another budget battle looms
Russia says talk of a ceasefire, rather than a full peace deal, in Ukraine is simply not serious
EU to split Ukraine financial support with 30 billion euros for budget, 60 billion for military
Ukraine's new defence minister vows army reform and innovation

Others Also Read