EU allocates $500 mln for Naftogaz

$500 mln already in Naftogaz account / Photo from UNIAN

"The money is already in the account of Naftogaz, a special account in a state bank. It is reserved for the purchase of gas from Gazprom," said Kobolev at a press conference on Monday.

He noted that the funds would be used for purchasing certain amounts of gas.

"We will be spending the money gradually, as needed. Exactly how we did last year," said the Naftogaz chief.