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Gazprom says Ukraine will owe $5.2 billion by June 7

Gazprom Chief Executive Alexei Miller leaves after a news conference given by Ukrainian Energy Minister Yuri Prodan (L) about EU-Ukraine-Russia energy negotiations at the EU commission representation in Berlin May 26, 2014. REUTERS/Thomas Peter

MOSCOW: Ukraine will owe Russia $5.2 billion for natural gas as of June 7 if it makes no payments by that date, the CEO of state-controlled Russian gas exporter Gazprom, Alexei Miller, said on Wednesday.

Gazprom says Ukraine now owes more than $3.5 billion, and has threatened to stop supplying the neighbouring former Soviet republic with gas if it fails to make a pre-payment for June supplies by June 2.

 

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