Gazprom may fine Ukraine for low gas imports - CEO

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MOSCOW, April 7 | Tue Apr 7, 2009 6:02am EDT

MOSCOW, April 7 (Reuters) - Russia's Gazprom (GAZP.MM) is studying whether to fine Ukraine for lower than agreed gas imports in the first quarter, Gazprom's chief executive Alexei Miller told Reuters on Tuesday.

"We are discussing this with our Ukrainian colleagues. This is spelt out in our agreements," he said.

Gazprom's contracts with customers are based on a take-or-pay condition where importers are fined when they buy less gas than agreed. Gazprom has previously said it would not fine Ukraine given its strained financial situation.

(Reporting by Vladimir Soldatkin, writing by Dmitry Zhdannikov; editing by Melissa Akin)

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