Middle East Economic Survey

VOL. LII

No 15

13-Apr-2009

CASPIAN

Gazprom Confirms Full Payment Of Ukraines March Gas Bill

Russias Gazprom issued a statement on 7 April confirming that Naftogaz of Ukraine has paid in full for March gas deliveries. Naftogaz spokesman Valentyn Zemlyanskiy told reporters that the company paid $343mn for deliveries of around 1 bcm of gas from Russia last month, while total deliveries in the first quarter of 2009 amounted to over 2.5 bcm. Ukraine paid $360/1,000 cu ms for...