RIA Novosti: European Consumers to Receive Russian Gas in Full Volume - Gazprom

European consumers will receive Russian gas deliveries in their full volume, Gazprom spokesman Sergei Kupriyanov said Monday.

"It should be noted that the volumes of gas intended for European consumers will be delivered in full compliance with the contracts," Kupriyanov said.

The statement followed Russia gas giant Gazprom's decision to implement a prepayment plan for the delivery of Russian fuel to Ukraine at 10:00 a.m. local time (06:00 a.m. GMT) on Monday after putting it off several times this month. Gazprom said Naftogaz' arrears for Russian gas deliveries stood at $4.458 billion.

The gas pipelines that deliver Russian fuel to Europe partially lie through Ukraine. Russia is in the process of constructing a new pipeline - South Stream - that would deliver gas to Europe bypassing Ukraine starting in the first quarter of 2016. The pipeline will become fully operational in 2018.
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