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Ukraine Expects Russian Gas Supplies To Resume On December 8

Ukraine’s energy minister has said Kyiv expects Russia to resume supplies of gas from December 8.

Volodymyr Demchyshyn made the announcement on television late on December 7, after Kyiv transferred a prepayment of $378 million to state-controlled Russian gas company Gazprom for gas shipments in December.

Gazprom says the transfer was made at 2 a.m. local time on December 6, paving the way for the first shipments since Moscow cut supplies in June in a dispute over prices and debts.

Russia wants Ukraine to pay for gas in advance.

According to the terms of a deal signed in October by Ukraine’s Naftogaz and Gazprom, gas should flow from Russia to Ukraine within 48 hours from when the Russian firm receives the transfer.

Cash-strapped Kyiv had delayed buying new supplies, but increasingly cold weather has forced it to draw down on severely depleted reserves.

Based on reporting by Reuters and TASS