“Naftogaz” has started new arbitration proceedings against Gazprom 11.6 billion dollars

“Naftogaz” has started new arbitration proceedings against Gazprom 11.6 billion dollars

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Compensation demand due to the lowering of the tariff in 2018-2019.

“Naftogaz of Ukraine” began against the Russian “Gazprom” the new arbitration process, in which demands of 11.6 billion dollars of compensation.

This was reported in the Facebook, commercial Director of “Naftogaz of Ukraine” Yuriy Vitrenko.

According to him, require compensation because of the underestimation rate in 2018-2019. Along with that Vitrenko has announced a schedule of payments of “Naftogaz” of Russian gas for the period from 2009 in response to the demands of the Russians to “restore the balance of 2009,” after the decision of the Stockholm arbitration.

“We will show by figures what kind of “balance in relationships” tells “Gazprom”, – says Vitrenko.

Facebook / Yuriy Vitrenko

So, on the chart, the bright red line is how many “Gazprom” under the contract, receives money from Naftogaz for gas deliveries under contract for 2009 (without “discounts” and “discounts”). A pale green line – how much Gazprom pays Naftogaz for transit.

“As you can see, Gazprom from Naftogaz for gas many times more than pays for transit. And this is for “Gazprom” – “balance in relationships””, – explained in the message.

See also:

Thanks to a historic victory in Stockholm “Naftogaz” has received a record annual income

According to the schedule, the situation changes dramatically in 2014 and victory in the Stockholm arbitration. So, on the chart the purple line is how many “Gazprom” should receive money from the “Naftogaz” according to the decision of the arbitration. And the green line – how many “Gazprom” should pay “Naftogaz” for the transit. “As you can see, Gazprom is supposed to receive for the gas at times less than paying for transit. It is clear that Gazprom (Putin) doesn’t like it much,” explained Vitrenko.

In addition, Vitrenko said that “Naftogaz” will also continue to recover from “Gazprom” of $2.62 billion, according to previous decisions of the Tribunal.

Gazprom (Putin) insists on “restoring balance in the relations between Gazprom and Naftogaz”. They say that the decision…

Yuriy Vitrenko has published Wednesday, July 18, 2018

We will remind, the Stockholm arbitration court in February 2018 decided that “Gazprom” is obliged to pay “Naftogaz” of $ 4.63 billion for failure to supply gas transit agreement and taking into account the debt of the Ukrainian company for gas ( $ 2 billion) to $ 2.6 billion After this decision “Gazprom” declared intention to terminate the contract with “Naftogaz” on gas supply and transit.

On 17 July, in Berlin started gas talks involving Ukraine, EU and Russia. The sides discussed the return of debts “Gazprom” and terms of the future of transit through the territory of Ukraine. Russian energy Minister Alexander Novak said that the tripartite meeting had touched upon the settlement agreement between Moscow and Kiev and the termination of the seizure of assets of “Gazprom”till the decision of appeal the Swedish court. In turn, the head of “Naftogaz” is convinced that the settlement agreement should be considered separately from conditions of gas transit.

Videonablyudeniye the Board of “Naftogaz” to reward their employees half a billion hryvnia

Officials ordered to reward yourself for winning in the Stockholm arbitration. The payment was estimated at 1% of the amount of the winning, and it – 46 million 300 thousand U.S. dollars. Taxes pledged to pay 9 million. The rest is divided among 41 persons involved in the victory over “Gazprom”.

TSN. 19:30

30 may, 20:44

  • Gazprom
  • Naftogaz
  • Stockholm arbitration

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