Gazprom and Naftogaz Talks Held in Berlin

Alexey Miller of Gazprom and Andrey Kobolev, CEO of Naftogaz of Ukraine, met in Berlin on Wednesday where they addressed a wide range of issues regarding the bilateral cooperation in the gas sector.

On request of the Ukrainian party, the debt settlement deadline was postponed until June 10, due to June 9 being a holiday in Ukraine,” Gazprom said in a statement.

Ukraine’s total debt for Russian gas supply amounts to USD 4.455 billion: USD 1.454 billion for November and December 2013 and USD 3 billion for April and May 2014.

In line with the contract, a decision was made to switch Naftogaz of Ukraine to gas prepayment starting with June 2014 due to persistent non-payments. On June 2 Naftogaz of Ukraine settled the debt for Q1 2014 by paying off USD 786 million. Thereby, switching to prepayment was deferred to June 9.

Press Release, June 5, 2014

Share this article

Follow LNG World News


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Central and Eastern Europe SSLNG Forum

SSLNG projects are important for Central and Eastern Europe (CEE) because they offer opportunities for solving issues…

read more >

Klaipeda LNG Forum 2019

Klaipėda LNG forum 2019 organised by Klaipėda Science and Technology Park, Klaipėdos nafta and Embassy of the Netherlands will take place on the 15-16 May at Klaipėda Castle’s site hall, Lithuania.

read more >

Flame 2019

Flame is Europe’s largest gathering of midstream gas & LNG players, bringing together everyone who matters – from producers to utilities, purchasers, infrastructure providers, traders, regulators and policy makers.


More info

read more >