Ukraine pays off gas debt
News wires
Ukraine has paid off its debts to Russia for its gas imports, Prime Minister
Yulia Tymoshenko said today at a meeting with her Russian counterpart Viktor
Zubkov.
A row over Ukraine's gas debts caused Russia's export monopoly Gazprom to
briefly cut supplies in early March, threatening deliveries to European
Union states.
"We have sent the last payment, which completely settles the accumulated debt
for natural gas. Right now, one can say that Ukraine has completely
accounted for its obligations," Tymoshenko said at a meeting with Zubkov.
Zubkov said settling the debts opened the door for talks on a longer-term
supply contracts, but did not give any details. Neither prime ministers said
how much the debt amounted to.
Ukrainian state energy player Naftogaz and Gazprom signed a 2008 supply
contract earlier this month, setting the price at $179.5 per 1000 cubic
metres for volumes of 50 billion cubic metres over the course of the year.
28 April 2008 12:39 GMT
| last updated:
28 April 2008 12:39 GMT
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