OREANDA-NEWS. Gazprom had provided on October 2 a notification to its European partners on the current problems of gas supply to Ukraine, in which it is stated that the Russian side completely executes the contract between two states. At the same time Ukraine's debt for gas delivered exceeds US $1.3 bln, the press service of Gazprom reports.

Gazprom has been constantly raising a question of speedy debt payment for gas supplied. However, there are no any real actions to be going on. Taking into consideration the forthcoming fall/winter gas consumption peak and systematic failure to fulfill the effective contracts by the Ukrainian side, Gazprom would be obliged to start reducing natural gas supply to Ukraine's consumers in case of debt's non-payment in October. In 2007 the gas price for Ukraine was coordinated based on financial solvency of the country's national economy. Ukraine is seen  to be ready for market gas pricing.

Gazprom believes that its Ukrainian counterparts will settle the debt problem in a constructive way. The Company will apply its best effort to fully perform its liabilities in relation to the export contracts.