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You're reading: Russian $7 billion gas bill dampens Ukraine’s glee at shale deal
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The move by Moscow comes just days after the former Soviet republic signed a $10 billion deal with Royal Dutch Shell for shale gas exploration aimed at reducing Ukraine’s reliance on costly Russian gas imports.

It also handed a fresh concern to President Viktor Yanukovich’s government as it prepared to meet an International Monetary Fund mission next Tuesday for talks on a possible new $15 billion loan programme to help Kiev meet foreign debt repayments this year.

“We have indeed received a bill for $7 billion,” the industry source told Reuters.

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