Russia resumes gas delivery to Ukraine
Iran Press TV
Tue Dec 9, 2014 4:46PM GMT
Russia has started sending its gas to Ukraine again after a six-month halt due to a price dispute, Ukraine's gas transport monopoly says.
'Ukraine has started receiving Russian gas. The volume of imports is around 43.5 million cubic meters per day,' Ukrtransgaz spokesman, Maxim Belyavsky, said on Tuesday.
The development was confirmed by Russia's largest extractor of natural gas, Gazprom, which said it has resumed gas delivery to Ukraine from 0700 GMT Tuesday.
Russia and Ukraine were locked in a dispute over gas price stemming from the ongoing conflict in eastern Ukraine.
Russia had emphasized that it will cut off its gas supplies to Ukraine unless Kiev settles its debt and pays the price for its gas in advance.
The threat was fulfilled in June 2014 after Moscow's deadline passed with Ukraine failing to pay its overdue debt.
With the cold wave arriving in Europe, however, Ukraine's state-owned oil and gas company, Naftogaz, transferred USD 378 million to Gazprom bank account in December to purchase one billion cubic meters (bcm) of gas from Russia.
Ukraine consumes 30 bcm of Russia's gas every year.
PN/KA/SS
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