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Gazprom pushes back Ukraine gas ultimatum to June 9 after payment

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By Parvez Jabri
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imageMOSCOW: Russia's Gazprom has pushed back its ultimatum to Ukraine on imposing pre-payment for gas to June 9 after receiving part-payment of $786 million, Gazprom chief executive Alexei Miller said Monday.

"Ukraine has paid the first installment for gas supplies. Today $786 million (577 million euros) entered Gazprom's account," Miller was quoted as saying in a company statement. "We welcome Ukraine starting to pay back its debt and postpone the pre-payment regime until June 9."

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