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Ukraine's Fuel Ministry to pay gas debt

      RBC, 22.02.2008, Kiev 12:58:21.Ukraine's Fuel and Energy Ministry holds $400m on its accounts for the payment of the republic's natural gas debt to Russia, Ukraine's Finance Minister Viktor Pinzenyk told journalists prior to a cabinet meeting. The Minister reiterated that Naftogaz of Ukraine was expected to receive over $800m as a compensation for a rise in gas prices in 2008 and that the gas debt would be paid by these funds.

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