Ukrtransgaz to pay UAH 293.7 mln in debt to Axpo Ukraine

JSC Ukrtransgaz will pay UAH 293.7 million in debt to Axpo Ukraine for natural gas supplied in May-June this year, Ukrtransgaz's press service has reported.

"Ukrtransgaz concluded an agreement with Axpo Ukraine on the settlement of mutual obligations in the amount of UAH 293.7 million. The agreement foresees that Ukrtransgaz will make the full payment for gas supplied in May and June by July 31, 2019 and that Axpo Ukraine will cancel property claims and other claims," the report reads.

Ukrtransgaz also plans to conclude a similar agreement with Trafigura Ukraine LLC in the near future for the amount of UAH 1.06 billion.

Ukrtransgaz has the largest debt to Naftogaz for natural gas delivered this year - UAH 1.96 billion.

op