Gazprom resumes gas supplies to Ukraine after receipt of advance payment

Russian gas monopoly Gazprom has resumed gas supplies to Ukraine after receiving advance payment in the amount of $234 million, Gazprom's information and communications department has told UNIAN referring to a statement of Gazprom CEO Alexei Miller.

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Miller stressed that Ukraine had requested maximum delivery mode - 114 million cubic meters (mcm) per day, which corresponds to Ukraine's annual import of 52 billion cubic meters (bcm).

Read alsoNaftogaz transfers advance payment for gas to GazpromAs UNIAN reported earlier, on July 1, Ukraine suspended imports of gas from Russia.

According to estimates of the Ukrainian government, Ukraine has to increase the volume of gas in its underground storage facilities (USFs) to 19 bcm before the beginning of a 2015-2016 heating season in order to ensure unhidered transit of Russian gas to the European Union. Currently, 15.8 bcm of gas has been accumulated in Ukraine's USFs.

The government has accumulated about $1.3 billion to buy additional volume of gas.

The purchases of Russian gas will amount to 2 bcm, with the remaining volume to be bought in the European market.

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