File - Gazprom said Russia insists Ukraine must pay $760 million for future supplies in advance.
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Ukraine signaled it may hold off from paying Russia's billion-dollar gas invoice – part of an EU-brokered agreement to restart supplies frozen since June – in the hope mild weather can help it last out longer as it grapples with near-bankruptcy.Russia has insisted that Ukraine must pay for future supplies in advance: $760 million, according to gas export monopoly Gazprom, for the 2 billion cubic meters of gas due to be supplied this month.The European Commission also confirmed that Ukraine has not yet bought any gas from Russia and that Kiev should finance the purchases itself, without help from Europe.Russia caters for around a third of European Union's gas consumption and around half of that is piped through Ukraine.
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