December 24, 2008 / 3:30 PM / 11 years ago

Gazprom tells Ukraine to pay $1.67 bln to avoid cut

MOSCOW, Dec 24 (Reuters) - Russia’s Gazprom (GAZP.MM) said on Wednesday it remained committed to cut supplies to Ukraine on Jan.1 if Kiev does not redeem its $1.67 billion debt for gas supplies and $450 million in fines.

Gazprom’s spokesman Sergei Kupriyanov told a news conference that if the debt was redeemed the company saw no problems in reaching a pricing deal for 2009 on “acceptable terms”. (Reporting by Tanya Mosolova, writing by Dmitry Zhdannikov; editing by Melissa Akin)

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