If “Gazprom” will not pay the court may enforce – KOBOLEV

Penalty adjudged in the Stockholm arbitration money from “Gazprom” perhaps forcibly. This was during a press conference said the head of “Naftogaz” Andrey KOBOLEV, commenting on the decision of the court.

“We assume that Gazprom will struggle like any side would have struggled. Perhaps the recovery in force. Gazprom has a lot of assets around the world,” – said KOBOLEV.

At the same time, the head of “Naftogaz” noted that there is a need in the near future to enter into negotiations with “Gazprom” on matters in which arbitration has not made decisions in favor of Ukraine. In particular, the enforcement of contracts in accordance with the new Ukrainian legislation.

Thus, the contracts must be translated with the Ukrainian operator of GTS, however while “Gazprom” refuses to work with the operator and insists on continuing to work with the “Naftogaz”. Arbitration also did not support the requirement of “Naftogaz” to revise the tariff for gas transit.

The Stockholm arbitration court decided to pay to Naftogaz 4.63 billion dollars. The results of the two arbitration proceedings Gazprom needs of 2.56 billion dollars. The Stockholm arbitration court satisfied the claim of “Naftogaz” for compensation for undelivered “Gazprom” volumes of gas for transit. Arbitration court dismissed the claims of “Gazprom” on fines for allegedly illegally sampled “Naftogaz” volumes of transit of gas. “Gazprom” has confirmed the obligation to pay $ 2.5 billion to Naftogaz, but noted that the decision of the court does not agree.

Then “Gazprom” has declared that will not carry out gas supplies “Naftogaz of Ukraine” from March 1. He also returned the money which she paid to a Ukrainian company.

  • Gazprom
  • Naftogaz
  • Stockholm arbitration

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