Gazprom CEO Miller and Naftogaz CEO Kobolev sign an agreement that guarantees gas will continue to flow to Ukraine.
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Russia may restart gas supply to Ukraine as soon as next week if Kiev pays $2.2 billion worth of debt and pre-payments, gas export monopoly Gazprom said Friday, under a deal that is also vital to ensure deliveries to Europe.Moscow, Kiev and the European Union clinched an agreement Thursday to resume supplies of Russian gas to Ukraine over the winter and secure transit of gas via Ukraine to Europe, despite tensions over a pro-Russian separatist rebellion in east Ukraine.Under the gas agreement, which covers November to end-March 2015, Ukraine must pay $1.45 billion toward its gas debt and pay up front for November supplies.Miller said Kiev would need to make another advance payment of $760 million to receive gas in December and that maximum daily supplies amounted to 114 million cubic meters under the deal to supply 2 billion cubic meters a month in both November and December.
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