Support The Moscow Times!

Ukraine's Naftogaz Says $1.65 Billion of Gazprom Debt Paid

Gas cleaning system pipes are pictured at Romny gas compressor station in Sumy region, Ukraine. Valentyn Ogirenko / Reuters

KIEV — Ukrainian state energy firm Naftogaz said Tuesday it had transferred $1.65 billion to Russia's Gazprom ?€” the second tranche of a debt repayment agreed under a deal that saw Moscow resume gas supplies to Ukraine earlier this month.

In November, Moscow, Kiev and the European Union reached a deal under which Russia would restart flows to Ukraine over the winter in return for Ukraine paying $3.1 billion in two tranches by the end of the 2014.

Russia started pumping gas to Ukraine in early December after halting them six months ago due to the dispute over prices and unpaid debts.

Sign up for our free weekly newsletter

Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview
Subscribers agree to the Privacy Policy

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more