Pallas gas field

Ukrainian state-owned utility Naftogaz has paid USD 378 M to the Russian concern Gazprom, in line with to its plans to have booked a billion cubic meters by the end of 2014.

Gazprom confirmed within a few hours the news announced Saturday on Naftogaz's website.

Ukraine to lose offshore gas fields in Black Sea

KIEV -- With the loss of Crimea, Ukraine has lost not only its naval bases in the territory, but also offshore gas fields in the Black Sea, reports said on Thursday.

These fields will now likely be taken over by Russia's oil and has giant Gazprom, AFP is reporting.