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Naftogaz settles April gas payments

      RBC, 06.05.2011, Moscow 14:07:51.Naftogaz of Ukraine has paid Gazprom for natural gas supplies in April in full, the Ukrainian company announced in a statement today. Naftogaz explained that the price of gas amounted to $297 per 1,000 cubic meters in the second quarter of 2011. Under the terms of the supplemental agreement to the basic agreement between the Russian and Ukrainian companies signed in April of last year, the price for natural gas includes a discount in the amount of $100 per 1,000 cubic meters.

      As reported earlier, Ukraine paid about $262 per 1,000 cubic meters of gas to Gazprom in Q1 2011.

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