In “Naftogaz” told when you can start buying Russian gas

This spring, in March, “Naftogaz of Ukraine” plans to resume the purchase of gas from Russian “Gazprom”.

This was stated by the Chairman of the Board “Naftogaz” Andrew KOBOLEV, write “Ukrainian news”.

“We held several rounds of talks. We hope during this month to implement the decision (Stockholm arbitration) in the contract of sale. We hope that this will give the opportunity in March to begin purchasing gas from “Gazprom”, — said Kobolyev.

He said that it is almost agreed upon a supplemental agreement to the existing contract from 2009, which needs to be signed.

Recall that according to the decision of the Stockholm arbitration, Ukraine has to buy from Russia up to 5 billion cubic meters during 2018.

Last time, Naftogaz bought gas from “Gaspra” two years ago, at the end of 2015. After refused – waited for the decision of arbitration on points that did not satisfy Ukraine.

22 Dec 2017 “Naftogaz” received the final decision of the Stockholm arbitration on the contract for the purchase of gas. According to the company, the arbitration has satisfied all the requirements of the Ukrainian side reduced the price of the gas it purchased from Gazprom in the second quarter of 2014, 27.4% to 352 dollars per thousand cubic meters; dismissed the claims of the Russian side to buy gas on a “take or pay” in the amount of $ 56 billion. Arbitration also reduced the amount of gas that “Naftogaz” in the years 2018-2019 will be required to buy from “Gazprom”, from 52 to 5 billion cubic meters per year.

According to the transit contract, which was concluded in 2009, “Gazprom” had to be transported through Ukraine 110 billion cubic meters per year. As this condition was not fulfilled, Naftogaz demands in court to collect from the Russian company $ 16 billion. Publication of arbitration decisions by contract for the transit are due on 28 February 2018.

Naftogaz Of Ukraine


  • Russia
  • Ukraine
  • gas
  • Gazprom
  • arbitration
  • Naftogaz
  • Stockholm arbitration

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