Naftogaz of Ukraine lost in 2008, more than 700 million dollars.

Firm Flotation Ukrainian Naftogaz "said her unexpected loss in 2008 amounted to over 5 billion hryvnia (over 700 million dollars), UNIAN reported.
Approximately $ 100 million the company lost due to the devaluation of hryvnia in October-November 2008. In addition, because of their incomes "Naftogaz was forced to repay the debt for gas to foreign suppliers of thermal power utilities in Ukraine.
3 December it was reported that Naftogaz "has not been able to find 550 million dollars that he had to pay the company mediator RosUkrEnergo (50 per cent owned by Gazprom) for the delivered in September and October natural gas. Total Ukrainian group listed RosUkrEnergo 268,7 million dollars.
Total before the end of 2008, Naftogaz should pay for gas supplies over three billion. Own means of repayment of the debt from Naftohaz not. The Government of Ukraine can not provide financial assistance to Naftohaz, as well as funds for this is not budgeted, and Western banks refuse to lend to the company. In addition, the Ukrainian customs officials accused the group of non-payment of taxes and fees in the budget for the portion of imported gas at $ 3 billion hryvnia.
December 2, it was reported that Naftogaz "asked Gazprom deferment of payment of arrears for gas. The period for which payment may be deferred, as yet unknown. Earlier, representatives of Gazprom denied the possibility of postponement.
The total debt of the Ukrainian side for supplying Russian fuel at 2.4 billion dollars (excluding debt payments and December). Gazprom expects that Naftogaz "fully pay its arrears before the end of December. Since then, the parties could resume talks on signing a contract for gas deliveries in 2009.
Earlier, Gazprom proposed that Naftogaz "in the calculation of debt to take advantage of tools that will make the Russian concern over the gas transit through Ukraine in 2009. Press service of the Ukrainian Firm Flotation reported that Naftogaz "may take the offer of Gazprom.