Russia's Gazprom to pay Ukraine $2.9 bln before Dec. 29 to settle row

Russia's Gazprom to pay Ukraine $2.9 bln before Dec. 29 to settle row
  • Country:
  • Russian Federation

Russia's Gazprom said on Saturday it would pay Ukraine $2.9 billion as part of a wider gas package before Dec. 29 in return for Kyiv dropping another legal case. Russia's Gazprom and Ukraine's Naftogaz were finalizing on Saturday a gas transit deal, to keep Russian gas exports to Europe flowing after the end of 2019.

Gazprom said Ukraine was expected to sign a legal settlement and withdraw all outstanding claims before Dec. 29.

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