Naftogaz makes first payment of $1.45 billion to foot Gazprom's gas bill | Russia Beyond The Headlines

Naftogaz makes first payment of $1.45 billion to foot Gazprom's gas bill | Russia Beyond The Headlines:



"Naftogaz has made the first payment of $1.45 billion to foot the gas bill of Gazprom.



"Naftogaz has transferred $1.45 billion to Gazprom to pay for the delivered but hitherto unpaid gas supplies," the company press service reported on Tuesday evening.



Consistent with the Brussels deal, Naftogaz will pay a total of $3.1 billion for 11.5 billion cubic meters of gas delivered by Gazprom in November-December 2013 and April-June 2014."



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