Support The Moscow Times!

Ukraine's Naftogaz Says $1.65 Billion of Gazprom Debt Paid

Gas cleaning system pipes are pictured at Romny gas compressor station in Sumy region, Ukraine.

KIEV — Ukrainian state energy firm Naftogaz said Tuesday it had transferred $1.65 billion to Russia's Gazprom — the second tranche of a debt repayment agreed under a deal that saw Moscow resume gas supplies to Ukraine earlier this month.

In November, Moscow, Kiev and the European Union reached a deal under which Russia would restart flows to Ukraine over the winter in return for Ukraine paying $3.1 billion in two tranches by the end of the 2014.

Russia started pumping gas to Ukraine in early December after halting them six months ago due to the dispute over prices and unpaid debts.

Read more

Independent journalism isn’t dead. You can help keep it alive.

As the only remaining independent, English-language news source reporting from Russia, The Moscow Times plays a critical role in connecting Russia to the world.

Editorial decisions are made entirely by journalists in our newsroom, who adhere to the highest ethical standards. We fearlessly cover issues that are often considered off-limits or taboo in Russia, from domestic violence and LGBT issues to the climate crisis and a secretive nuclear blast that exposed unknowing doctors to radiation.

As we approach the holiday season, please consider making a one-time donation — or better still a recurring donation — to The Moscow Times to help us continue producing vital, high-quality journalism about the world’s largest country.