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Gas cut averted as Gazprom receives $15 million payment from Naftogaz
Journal Staff Report

MOSCOW, March 5 - Russian gas exporter Gazprom said on Thursday it had received a $15 million prepayment from Ukrainian state energy firm Naftogaz, averting a possible cut in supply, at least for a few days, Reuters reported.

The money is enough to cover 45.6 million cubic meters of gas, or about five days of supply at current rates of delivery, Gazprom said by e-mail.

Gazprom had warned that supply to Kiev could be cut off as soon as Friday if no payment was made.




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