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Naftogaz won't pay $7 billion Gazprom bill

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Feb. 11, 2013, 1:34 p.m. | Business — by Interfax-Ukraine

Photo shows a general view of the main office of state run company Naftogaz of Ukraine in downtown Kyiv, 04 January, 2008.
© AFP

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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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