“Naftogaz” has filed a new lawsuit against 11.6 billion dollars against “Gazprom”

“Naftogaz” has filed a new lawsuit against 11.6 billion dollars against “Gazprom”

© Getty Images


Today, 18:29

  • The number of comments


  • The number of views


Ukrainian company challenged the tariff for gas transit through the territory of the country.

July 6, 2018 “Naftogaz of Ukraine” filed in the Stockholm arbitration claim to revise the tariff for the transit contract with “Gazprom”. This reports the press service of the Ukrainian company.

In the “Naftogaz” explained that the contract between the two companies allows them to demand revision of the tariff, if the European gas market has undergone significant changes and if the rate does not correspond to the European level. “In its decision of 28 February 2018 the Stockholm arbitration court for procedural reasons dismissed the claim “Naftogaz” on the revision of the tariff. Thus, the requirement of “Naftogaz” on the revision of the rate in fact remained unresolved,” explained the claim in the NAC.

Videolibrary arbitration put an end to litigation “Naftogaz” and “Gazprom”

The court ruled that the Russian company should compensate the Ukrainian more than four and a half billion dollars for short-delivered gas for transit from 2009 to 2016. According to the court, part of the money will be credited for gas supplies in 2013 and 2014. The remaining amount, which is more than two and a half billion, “Gazprom” to compensate the money.

TSN. Pdsmi day

1 Mar, 00:16

Also in the Ukrainian company said that since March, tried to negotiate with Gazprom concerning the revision of the tariff and has complied with the prescribed contract procedure for this. But the Russian gas monopoly “has taken on the negotiations of the non-constructive position, forcing Naftogaz to seek arbitration as provided by the contract.” Therefore, “Naftogaz” requires a revision of the tariff, since March 2013. Your money claims of the Ukrainian company previously estimated 11.58 billion U.S. dollars. This is the minimum amount upon which interest is not taken into account.

See also:

Ukraine will seek the seizure of assets of “Gazprom” in case of default of the decision of arbitration – Poroshenko

Earlier in June, the press service of “Gazprom” announced the suspension of the appeal court of Sweden, the execution of the decision of the Stockholm arbitration in the gas lost by the Russians with “Naftogaz”. Several days later, Naftogaz made a public presentation to appeal to the Russian company Gazprom, which wants to cancel the decision of the Stockholm arbitration. A number of European countries started to freeze funds and property of the Russian gas monopoly for the enforcement of the judgment. It did, particularly in the UK, Switzerland, etc. And the Polish PGNiG filed against Gazprom’s own action with the aim to reduce the price of imported gas to the country. On this background the Russian Federation stated that in 2018 can put a new record on fuel supplies abroad. This was at the shareholders meeting said the head of “Gazprom” Alexey Miller.

  • Gazprom
  • arbitration
  • Naftogaz
  • transit

Next post

Saw a bug — Ctrl+Enter

Letter to the editor

© Materials



Leave your comment

Leave your comment

All comments


Editor’s choice