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Government checking whether Naftogaz needs bailout to pay $770m tab
Journal Staff Report

KIEV, Dec. 2 - The government is looking into whether Naftogaz Ukrayiny, the state energy company, needs immediate financial assistance to pay about $770 million for Russian natural gas supplies consumed last month, a government official said Wednesday.

Ihor Umanskiy, the acting finance minister, said it wasnt clear yet whether Naftogaz will be able to make the payment by December 7 on its own.




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