The Stockholm arbitration court fully dismissed the claims of “Gazprom” to “Naftogaz” to $ 75 billion

National oil and gas holding company “Naftogaz of Ukraine” estimated the total positive effect of the decisions of the Stockholm arbitration in favor of the Ukrainian company in a dispute with Russian monopolist “Gazprom” the contract on gas purchase in the amount of 75 billion dollars.

About this on his page in Facebook reports a press-service of “Naftogaz”.

“The arbitration court nullified the onerous provisions of the contract, bringing it to the market to European standards… “Naftogaz of Ukraine” evaluates the overall positive effect of arbitral awards in more than 75 billion dollars. for the entire term of the contract on gas supply”, – stated in the message.

Note, the Stockholm arbitration in the case between the state holding “Naftogaz Ukraine” and Russian “Gazprom” has completely rejected the demands of the monopolist of the Russian Federation in accordance with the principle of “take or pay”, the total amount reached $ 56 billion.

“Naftogaz” has won the arbitration against Gazprom’s contract on gas supply for all the controversial issues. The arbitration court fully dismissed the claims of “Gazprom” for the position of “take or pay” in the amount of $ 56 billion. over the 2009-2017 years,” added the company.

The Stockholm arbitration court fully dismissed the claims of “Gazprom” to “Naftogaz” to $ 75 billion

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