Too Early To Say Russia-Ukraine Gas Row Over

Too Early To Say Russia-Ukraine Gas Row Over
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Τρι, 30 Δεκεμβρίου 2008 - 23:27
Russian state-run gas giant OAO Gazprom (GAZP.RS) said Tuesday it was still awaiting payment from Ukraine and it was "too early" to say their current gas dispute was resolved.

Russian state-run gas giant OAO Gazprom (GAZP.RS) said Tuesday it was still awaiting payment from Ukraine and it was "too early" to say their current gas dispute was resolved.

"We have still not received the money, so it is too early to say the issue has been settled," Gazprom spokesman Sergei Kupriyanov said on Russian television.

His comments came around one hour after Ukraine's state gas company Naftogaz announced that it would transfer payment "in two or three hours" for all the gas imported in November and December - the months disputed with Gazprom.

Gazprom says Ukraine owes it around $1.6 billion for November and December gas deliveries.

The company has also demanded payment of around $400 million in late fees, an element that Naftogaz has said would be addressed after payment for the imported gas itself had been made.

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