If Ukraine does not pay for June, gas supply to be restricted on June 3 - Gazprom

May 29, 2014

If Ukraine does not pay to Russian energy giant Gazprom on an invoice for gas supply in June, gas delivery amount will be restricted on June 3, Gazprom CEO Alexei Miller said at a government meeting chaired by President Vladimir Putin on May 28, ITAR-TASS has reported.

“An invoice is forwarded to our Ukrainian partners for June. The payment deadline is set until June 2. If Ukraine does not make a money transfer, gas supplies to Ukraine will be restricted starting from 10.00 am on June 3,” Miller said.

Ukraine is taking maximum gas amounts in May, total gas supplies will make 3.5 billion cubic meters in May,  Miller said.

“Ukraine is taking maximum contracted daily amounts in the course of May, gas supply amounts make 3.5 billion cubic meters in May. The cost of gas supplies in May will reach around $1.7 billion,” Miller said.

Ukraine's debt for Russian gas supplies may reach $5.2 billion by June 7, Miller noted.

“Ukrainian debt for Russian gas supplies may exceed $5.2 billionby June 7. Very little time is left. Consultations are planned in Berlin on Friday. We with Alexander Valentinovich (Novak - energy minister) will participate in three-party consultations involving the European Commission and the leadership of the Ukrainian fuel and energy complex,” Miller said.

Copyright: ITAR-TASS, 2014