Ukraine Gas Debt Rises to $5.3 Billion, Gazprom Says

By Reuters

July 8, 2014

Russia's top gas producer, Gazprom, said on Tuesday that Ukraine has not met its payment deadline for June resulting in its total debt to the company rising to $5.3 billion.

"The unwillingness of Ukraine … to pay for Russian gas is becoming chronic and once again shows that the move to pre-payment, which is foreseen in the contract, is the only real solution," Gazprom CEO Alexei Miller said in a statement.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

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 you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue