Gazprom has earmarked 4.7 billion dollars for the full amount of the fine in dispute with the “Naftogaz” – the media

Money

2 APR, 23:45

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The decision of the Stockholm arbitration in the strongest way influenced the reporting “Gazprom” for last year.

The Russian company “Gazprom” in its reporting has reserved $ 4.7 billion for the full amount of the fine under the transit contract with “Naftogaz of Ukraine”.

About it reports “Interfax-Ukraine” with reference to statements of the Russian company.

Videospornosalma service started description and the arrest in Ukraine of property of the Russian monopoly “Gazprom”

The announcement appeared on the official site. It refers to the penalty imposed on “Gazprom” the Antimonopoly Committee two years ago for abuse of monopoly position on the market of Ukraine. It is now almost 172 billion. And in this case, the Executive service of the Ministry of justice started the procedure of seizure of assets of “Gazprom” – and this is property and shares four of its businesses.

TSN. Pdsmi day

8 Mar, 00:42

In the balance of “Gazprom” under “fines, penalties, and forfeits for breach of contracts” is 272,943 billion, or $ 4,74 billion (at the exchange rate at the end of the year) – this amount corresponds almost entirely to the decision of the Stockholm arbitration on transit contract with Ukraine.

“To enroll a certain amount of money (confirmed by the debt for gas is $ 2,018 billion) on account of penalty under the transit contract was not possible because the funds for the supply of gas is recognized in other articles – as revenue and receivables”, – writes the Agency.

It is noted that the decision of the Stockholm arbitration in the strongest way influenced the reporting “Gazprom” for 2017 according to Russian standards and led to a reduction in the company’s net profit to a symbolic 100 billion. In 2016, the profit of “Gazprom” amounted to 411 billion rubles, a record figure was reached in 2011 880 billion.

See also:

“Gazprom” has filed a complaint against the decision of the Stockholm arbitration concerning gas transit

We will remind, on February 28, 2018 the Stockholm arbitration has obliged “Gazprom” to pay “Naftogaz” more than 4.6 billion U.S. dollars for the undelivered volumes of gas for transit under bilateral agreements. Earlier, the court reaffirmed the debt of Ukrainian companies for the supply of gas amounting to two billion US dollars. In the end, the results of two arbitration of disputes between companies regarding the supply and transit of gas “Gazprom” should pay the NAC of 2.56 billion dollars. March 21, Gazprom has also appealed the arbitration decision in a contract for the supply of gas.

Also in early March , Gazprom warned early termination of bilateral agreements with the Ukrainian side.

Gazprom has earmarked 4.7 billion dollars for the full amount of the fine in dispute with the “Naftogaz” – the media

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