Ukraine told to pay
MOSCOW: Russian gas giant Gazprom on Tuesday fired off a new salvo in Moscow’s feud with Ukraine by demanding some $2.5 billion for Kyiv allegedly breaching its supply contract. Gazprom said in a statement that under the terms of its deal with Ukraine state firm Naftogaz, Kyiv had to buy a minimum annual amount of gas from them or face a penalty and that supplies had fallen short of the required level in the third quarter of last year. “Taking this (minimum level) into account and the volume of gas delivered by Gazprom to Ukraine in the third quarter of 2015, Naftogaz Ukraine has been sent a bill for $2.549 billion,” the statement said. “Gazprom is waiting for the bill to be settled in the next 10 days,” it said.
A version of this article appears in print on January 20, 2016 of The Himalayan Times.
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