Naftogaz expects $ 20 billion in additional revenue in case of victory in court against “Gazprom”

Naftogaz expects $ 20 billion in additional revenue in case of victory in court against “Gazprom”

© Ukrtransgaz

Ukraine requires revision of the tariff for transit of the fuel.

“Naftogaz of Ukraine” expects to receive additional revenue in the amount of $ 20 billion, if the arbitration of Stockholm will take a positive decision in favor of Ukraine in a dispute against the Russian “Gazprom”.

This was stated by the commercial Director of “Naftogaz of Ukraine” Yuriy Vitrenko.

“For us, we thought, another $ 20 billion value of future cash flows in case of a positive decision of the arbitration court”, – quotes his quote “Interfax-Ukraine”.

See also: “Naftogaz” revealed the details of the proceedings in Stockholm against Gazprom

He also added that within the framework of litigations relative to the transit contract, Ukraine demands from Gazprom’s $ 10.2 billion

We will remind, the Stockholm arbitration court considers the claim “Naftogaz of Ukraine” to Russian “Gazprom”. The Ukrainian side is trying to seek revision of tariff for transporting gas through the gas transportation system of Europe.

The Chairman of the Board “Naftogaz Ukraine” Andrew KOBOLEV said earlier that if you lose in arbitration to “Gazprom” under the contract of purchase and sale of gas the amount of 38 billion, which requires a Russian company, will be unaffordable for “Naftogaz”.

In the Stockholm arbitration court began hearings on the suit of “Naftogaz of Ukraine” to “Gazprom”

TSN. 16:45
21 Nov, 17:58

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Ukraine is seeking an increase in tariff for transit of Russian gas. The current contract provides that the European should not only be the price of Russian gas, but the price of fuel transit through the Ukrainian gas transportation system to Europe. In Moscow, however, this detail is hard not pay attention and refuse any negotiations on the subject.

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