The money has to come from somewhere. Ukraine will pay Russian natural gas company Gazprom the roughly $4.5 billion it owes in late payments from cash it has piling up in an already dwindling foreign reserve account, the National Bank of Ukraine said on Nov. 3.
Ukraine's Energy Challenge
Forbes: Ukraine dips into dwindling reserves to pay Gazprom
Alexey Miller, Chairman of the Board of Directors of Gazprom, arrives at the European Union Commission headquarters in Brussels on Oct. 30, 2014 before a trilateral gas meeting with Russia and Ukraine.
