Naftogaz considers invalid account “Gazprom” for $2,5 billion

Naftogaz considers invalid account “Gazprom” for $2,5 billion


Ukrainian company believes the provision of “take or pay” in the form set out in the contract with “Gazprom”, “non-market, illegal and void” and intends to dispute the invoice issued by the Russian side in the Stockholm arbitration court.

MOSCOW, 19 Jan. “Naftogaz of Ukraine” considers it illegal and invalid provision of the gas contract, which “Gazprom” has put Ukrainian companies account for $ 2.5 billion for non-taking of gas in the third quarter of 2015, said “Naftogaz”.

“Naftogaz of Ukraine” believes the provision of “take or pay” in the form set out in the contract with “Gazprom” non-market, illegal and void. Naftogaz disputed the application of this provision in the arbitration (Stockholm — ed.)”, — stated in the message released by the press service of the Ukrainian company.

“Thus, the validity of the claims of “Gazprom”, based on “take or pay”, will be determined by the court. Total amount of monetary claims, declared “Gazprom” the claim with reference to the position of “take or pay”, is 26.7 billion dollars and for the period from 2012 to 2014. In addition, Gazprom invited Naftogaz to pay $ 2.5 billion for the third quarter of 2015 with reference to this provision”, — remind in the “Naftogaz”.

Earlier Tuesday, Gazprom announced that it had sent “Naftogaz of Ukraine” account to pay for gas, unselected Ukrainian company in the third quarter of 2015 at the condition of “take or pay” in the amount of 2,549 billion. The Russian company is awaiting payment of the invoice within 10 days.