OREANDA-NEWS. August 9, 2010. Naftogaz, the state-owned natural gas monopolist of Ukraine, paid USD 780 mn to Gazpom in time for the natural gas imported in July, 2010.

Millennium Capital: this news is neutral for Macro. Naftogaz has made a timely payment to Gazprom for the natural gas consumed, avoiding the flare up of a new round of dispute between the two companies concerning the payment discipline of Naftogaz.