Naftogaz won't pay $7 billion Gazprom bill

Author: Interfax-Ukraine All articles by this author

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Feb. 11, 2013 13:34
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Photo shows a general view of the main office of state run company Naftogaz of Ukraine in downtown Kyiv, 04 January, 2008.
Photo by AFP

Ukrainian oil and gas monopoly Naftogaz Ukrainy says it will not pay a bill for $7 billion Gazprom presented in January for taking less gas than agreed under the gas supply contract between the two concerns, according to the prospectus for an issue of Ukrainian eurobonds.

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