Kiev intends to wait for the decision of the court on the account of Gazprom against Naftogaz

Kiev intends to wait for the decision of the court on the account of Gazprom against Naftogaz


The Ukrainian authorities have called the account of “Gazprom” to “Naftogaz” to $ 2.5 billion for non-taking of gas “just another argument for the proceedings in the Stockholm arbitration” and stated that they intend to wait for the decision of the court.

KYIV, 19 Jan. The account of “Gazprom” to “Naftogaz” to $ 2.5 billion for non-taking of gas is just another argument for the proceedings in the Stockholm arbitration, Ukraine is to expect a court decision, said the Minister of energy and coal industry of Ukraine Volodymyr Demchyshyn at a briefing on Tuesday.

Gazprom on Tuesday announced the direction to “Naftogaz” account to pay for gas, not selected Ukrainian company in the third quarter of 2015, according to data provided in a long term contract the condition of “take or pay” (take or pay).

“In accordance with the contract signed, there are some items that are executed or conditionally executed, or not executed. So they (the Gazprom — ed.) pedantically, given that there is a judicial process in Stockholm, work out the legal framework, develop the arguments in their favor. It is a matter for the court, there is nothing new appeared. We expect real solutions”, — said demchyshyn.

In 2015, the condition “take or pay” will not be used to “Naftogaz” in the first, second and fourth quarters. The amount of the fine, exposed “Gazprom” Ukraine by the end of 2014 (for the period from 1 January 2014 to 31 October 2014, when not yet entered into force on winter gas package 2014/2015) was $ 8,197 billion.

The head of “Gazprom” Alexei Miller in June 2015 said that the total amount of claims “Gazprom” to “Naftogaz” in the Stockholm Arbitration because of a shortage of gas on a “take or pay” accounted for 26.7 billion. Later “Gazprom” has specified the amount of their claims in Stockholm to Naftogaz — according to the latest data, the Russian company needs to recover from Ukrainian more than $ 29 billion.