Ukraine pledged to pay for Russian gas delivered in February in full and on time, a spokesman for Gazprom NEFT (SIBN.RS) said Monday.
Ukraine pledged to pay for Russian gas delivered in February in full and on time, a spokesman for Gazprom NEFT (SIBN.RS) said Monday.

In telephone talks between Gazprom Chief Executive Alexei Miller and Ukraine's Naftogaz chief Oleg Dubina, "they agreed the Ukrainian side will pay in full and on time gas delivered in February, and Gazprom will not impose fines," said Gazprom spokesman Sergei Kupryanov, according to the RIA Novosti news agency.

Gazprom has warned it will again cut off gas to Ukraine March 8 if Kiev does not pay off $400 million of new debts, Russia's Kommersant daily reported Thursday.

Ukraine's state gas company Naftogaz insisted the money would be paid on time.

A similar row in January left a dozen European countries without their gas supplies from Russia, which transit Ukraine, after the supply was cut during the standoff, prompting furious protests from the European Union.