MOSCOW--Ukrainian state gas company Naftogaz has started paying the money it owes to Russian state gas firm OAO Gazprom (GAZP.RS) for natural-gas supplies in August, Ukrainian Energy Minister Eduard Stavitskiy was quoted as saying Tuesday.
"Payments started yesterday. It'll be enough to settle the matter," he said, Interfax and Prime news agencies reported.
Gazprom last week demanded that Ukraine settle an overdue bill of $882 million for August supplies, raising fears of a repeat of the supply problems that have disrupted winter deliveries to Europe twice in recent years.
Previous payment disputes led Gazprom to cut flows to Ukraine in 2006 and 2009, disrupting supplies to some European countries that receive Russian natural gas via Ukraine.
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(END) Dow Jones Newswires
November 05, 2013 07:57 ET (12:57 GMT)Copyright (c) 2013 Dow Jones & Company, Inc.
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