Naftogaz, Gazprom agree Oct-Dec gas payment deferral

16:30, 03.12.2013 1 min read

Ukraine's national oil and gas company Naftogaz Ukrainy and Russian gas giant Gazprom have agreed that that payment for gas supplied to Ukrainian consumers in October-December will be deferred until next spring, Naftogaz Chief Yevhen Bakulin said.

"As concerns payment, we have agreed to shift the payments from October, November, and December to the spring," Bakulin told the press in Kyiv on Tuesday.

Bakulin said Ukraine needed the deferral so that problematic issues in the regions were not made more difficult by paying for gas.

He also said that a preliminary agreement with Gazprom had been hammered out. "Gazprom and we have worked out a preliminary agreement. Issues remain that need further work. They concern credits we have and the guarantees the government is giving so that these agreements are taken to the end on the parts of both Russia and of Ukraine," he said.