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Gazprom and Naftogaz To Finish Debt Talks

RBC reports, Gazprom and Naftogaz of Ukraine are expected to resume their talks over the Ukrainian gas debt settlement today

Gazprom and Naftogaz To Finish Debt Talks

The news came from Gazprom's official spokesman Sergei Kupriyanov.

Naftogaz of Ukraine's gas debt under a contract with RosUkrEnergo amounts to $428m for September 2008, $798.6m for October 2008, and $835m for November 2008. In addition, fines and penalties that have built up since March 2008 have reached $350m.

Gas deliveries planned for December are estimated at $862.3m, hiking Naftogaz's total debt as of December 2008 up to just over $3bn.

Author: Ksenia Kochneva


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