Russia says Ukraine should find money to pay for gas within a week

Employees at work near an underground gas storage in the village of Opari, some 70 kms south-west from Lviv. Ukraine must pay $3.9 billion if it wants Moscow to resume supplies of natural gas, Russia's Energy Minister Alexander Novak said today. -- P
Employees at work near an underground gas storage in the village of Opari, some 70 kms south-west from Lviv. Ukraine must pay $3.9 billion if it wants Moscow to resume supplies of natural gas, Russia's Energy Minister Alexander Novak said today. -- PHOTO: AFP

MOSCOW (REUTERS) - Russian Energy Minister Alexander Novak said on Wednesday that Ukraine should find ways to pay for Russian gas with the European Union's help within a week.

Citing unpaid bills worth more than US$5 billion (S$6.4 billion), Russia cut off gas flows to Kiev in mid-June after a long-running dispute over pricing.

Kiev and Moscow recently agreed on a price for Russian gas supplies during the winter, however other issues, such as how Ukraine would pay for Russian gas, remain unresolved.

The next round of talks brokered by the European Commission is scheduled for next week in Brussels.