National joint-stock company Naftogaz of Ukraine has transferred to Gazprom about 1.004 billion US dollars for the natural gas imported in October 2011, the Ukrainian company reported, according to UKRINFORM.

Natural gas price for Ukraine in the 4th quarter of this year is about 400 US dollars per 1 thousand cubic meters. Under the terms of a supplementary agreement to the basic contract concluded between Naftogaz of Ukraine and Gazprom April 21, 2010, the price of natural gas is determined with a discount of $100 per 1 thousand cubic meters.

Naftogaz of Ukraine pays to Gazprom for imported natural gas on a monthly basis, in a timely manner and in full compliance with its obligations.

As explained by experts, the payment was delayed due to public holidays in Russia. Usually, Naftogaz made the payment before the 7th day of the month following the month of delivery.

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