The Tribunal ordered Naftogaz to pay $ 1.7 billion to Gazprom – Miller
The Stockholm arbitration court decided to recover from the Ukrainian “Naftogaz” of $ 1.7 billion in favor of “Gazprom”.
About it reports the Russian news Agency “Interfax” with reference to the head of the Russian company Alexey Miller.
Non-brotherly price. The head of “Naftogaz” said that means Ukraine’s victory in court against “Gazprom”
It is noted that the preliminary decision and “Gazprom” it appeals.
“It was an interim decision of the Stockholm arbitration. According to the preliminary economic assessment in accordance with the previous decision of the Stockholm arbitration on collecting with” Naftogaz “to” Gazprom “more than $ 1.7 billion At the same time, the reasoning of the arbitrators on many issues interim solution seems inadequate. And “Gazprom” made the decision to appeal the interim decision in appeal court of Sweden, ” Miller said.
In “Naftogaz” the decision has not yet commented.
The Stockholm arbitration has already issued a separate decision concerning the abolition of the standards “take or pay” contract between Ukraine and Russia in 2009. However, the cancellation only applies to 2014 and 2015 (in 2016, the Ukraine did not buy Russian gas). Now “Gazprom” to compensate for “Naftogaz” the overpaid funds. However, the situation may change – the parties are awaiting a decision regarding the other claims and the overall picture may change.
We will remind, “Naftogaz” and “Gazprom” has filed counter-claims three years ago – under the terms and cost of transit of Russian gas through Ukraine to Europe, as well as the cost and terms of purchase and sale of gas for Ukraine. In may of this year the arbitration has taken the first stand-alone decision.
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4 Jun, 20:31