6 Sep 2011 19:36

Naftogaz transfers $487 mln to Gazprom for August gas supplies

KYIV. Sept 6 (Interfax) - Ukraine's national joint-stock company (NAK) Naftogaz Ukrainy has transferred around $487 million to Russian gas company Gazprom , having paid in full for the natural gas supplied in August 2011, Naftogaz told Interfax on Tuesday.

The price of natural gas in the third quarter of 2011 is around $355 per 1,000 cubic meters, the statement said.

"Naftogaz Ukrainy performs its liabilities to pay for imported natural gas to Gazprom timely and in full every month," the statement said.