Ukraine Refuses to Pre-Pay for Russian Gas: Energy Minister

2014/10/13

KIEV, October 13 (RIA Novosti) - Ukraine is not willing to make pre-payments for deliveries of Russian natural gas as it contradicts the existing contractual conditions, Energy Minister Yuriy Prodan said Monday.


"If we are to make pre-payments, let's go back to provisions of the contract that stipulate the payments should be made upon the delivery and not before," Prodan said in an interview with Ukrainian online publication Apostrof (Apostrophe).


In June, Russia's energy giant Gazprom was forced to introduce a prepayment system for gas deliveries to Ukraine due to Kiev's massive debt which is currently estimated to stand at $5.3 billion.



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