Ukrainian Prime Minister Arseniy Yatsenyuk announced that The Ukrainian government has accumulated $3.1 billion on its accounts to pay off the debt for gas supplies from Russia. © RIA Novosti. Aleksandr Maximenko
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The Ukrainian government has accumulated $3.1 billion on its accounts to pay off the debt for gas supplies from Russia, Ukrainian Prime Minister Arseniy Yatsenyuk said Sunday.
"We have the funds – the government has accumulated $3.1 billion on [its] accounts," Yatsenyuk told the Ukrainian 1+1 TV channel, discussing funds Ukraine could use to pay for Russian gas deliveries.
Ukraine is now facing the approaching winter with low natural gas reserves. In June, Russian energy giant Gazprom switched Ukraine to a prepayment system for gas deliveries in light of Ukraine's gas debt, which is estimated at over $5 billion.