Naftogaz of Ukraine informed it has transferred $1.65 billion to Gazprom as the second tranche of the agreed debt repayment.
Russia continued gas supplies to Ukraine earlier this month following the agreement in November that obligated Ukraine to repay $3.1 billion of debt by the end of 2014, stands in a company statement.
As the first payment of $1.45 billion was transferred on November 4, Naftogaz has now settled the agreed debt for the 11.5 bcm of gas supplied by Gazprom in the periods of November and December 2013 and April-June 2014.
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LNG World News Staff; Image: Naftogaz