Naftogaz Debt to Gazprom grew by $100 million

Нафтогаз: Долг Газпрома вырос на $100 млн

The amount of debt of Gazprom to Naftogaz increased by half a million dollars a day

On the payable under the decision of the Stockholm arbitration in the amount of $2, 56 billion for its non-payment is constantly accrue interest.

The debt to Russia’s Gazprom to Naftogaz of Ukraine increases every day by $500 thousand this was stated on Tuesday, September 4, commercial Director of the Ukrainian company Yuri Vitrenko in an interview with channel 5.

According to him, this is because that payable under the decision of the Stockholm arbitration in the amount of $2, 56 billion for its non-payment is constantly accrue interest.

“We’re talking about a serious sum, it’s somewhere half a million dollars a day. Also they will be forced to compensate all additional costs of enforcement of this decision, as Naftogaz and its lawyers, and, for example, court officers who perform the relevant decisions of the local courts,” – said Vitrenko.

According to commercial Director of the NAC, at the moment the amount of debt to Gazprom has increased approximately $100 million, and given the additional costs the amount of the additional payments can amount to several hundred million dollars.

Vitrenko also recalled that Naftogaz failed to achieve the arrest of the assets of Gazprom in the Netherlands, Switzerland and the UK. Thus, according to him, the value of assets got under arrest in the Netherlands significantly exceeds the current debt of Gazprom, as is also the case in Switzerland.

Recall that in late February the Stockholm arbitration court satisfied the claim of Naftogaz, Gazprom is obliged to pay the Ukrainian company of $4.63 billion for failure to supply gas transit contract. Taking into account the debt of the Ukrainian party for gas deliveries of about $2.1 billion, the Russian company owes $2.56 billion

13 June, the Appeals court for the district of Svea in Sweden rendered a decision terminating the execution of the verdict of the Stockholm arbitration on the dispute between Gazprom and Naftogaz on gas transit, having satisfied the petition of the Russian company. Naftogaz on 18 June appealed the decision of the Swedish court.

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