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Naftogaz Ukrainy transfers USD 1 billion to Gazprom for Sept
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Thursday, 11 Oct 2012
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Interfax reported that Naftogaz said that transferred USD 1.056 billion to Russian gas giant OJSC Gazprom for natural gas imported to Ukraine in September 2012 .Naftogaz Ukrainy has been meeting its obligations to OJSC Gazprom to pay for imports of natural gas on time and in full.

It was earlier reported that the forecast for natural gas import and distribution in 2012 expects Naftogaz Ukrainy to import 27 bcm while Dmytro Firtash's Ostchem Holding Limited will import 8.124 bcm.

Naftogaz Ukrainy imported USD 808 million in Russian gas in January 2012 February USD 1.3 billion March USD865 million April USD 628 million May USD 648 million June USD 1.05 billion July USD 930 million and August USD 890 million.

The gas import price for Naftogaz Ukrainy in the first quarter of 2012 totaled around USD 416 per 1,000 cubic meters second quarter around USD 425 per 1,000 cubic meters and third quarter around USD 426 per 1,000 cubic meters.

According to Ukraine's State Statistics Service imports of Russian gas to the country in 2011 totaled 40.0017 bcm in 2011 at a value of USD 12.361 billion.

Naftogaz Ukrainy unites the leading oil and gas production enterprises in Ukraine. The company holds the monopoly for transit and underground storage of natural gas as well as gas transport via pipelines throughout Ukraine.

Source - Interfax.com

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