One day before its prepaid gas supplies would have run out, Ukraine’s state-owned gas firm Naftogaz paid its Russian counterpart Gazprom $15 million, enough to keep supplies flowing for five more days. Reuters reports:
Russian natural gas exporter Gazprom said on Thursday that it had received a $15 million prepayment from Ukrainian state energy firm Naftogaz following warnings supply could be cut off if no payment was made.
The payment is enough for 45.6 million cubic metres of gas, or about five days’ supply at current rates of delivery, Gazprom said by e-mail.
Ukraine’s energy minister said earlier this week that Kiev intended …read more
Source: The American Interest