Naftogaz of Ukraine expects Gazprom “billions of dollars”

Нафтогаз ожидает от Газпрома "миллиарды долларов"

Naftogaz of Ukraine expects Gazprom payments

In Naftogaz believe that the decision of the Stockholm arbitration, Gazprom will pay the Ukrainian company money.

Naftogaz expects that by the decision of the Stockholm arbitration, the Russian Gazprom will pay the Ukrainian company “billions of dollars”. This was stated by the commercial Director of Naftogaz Yuriy Vitrenko.

“We expect that Gazprom will pay us a very substantial amount. We are talking about billions of dollars, if not about the amount of more than ten billion. We do not expect that the result of this process, we eventually something will pay Gazprom”, – he said.

He also expects that Gazprom still performs the arbitration decision because foreign assets may be easy enough to impose penalties.

Vitrenko added that after the decision of the arbitration the issue of new agreements with Gazprom will no longer be.

“Most likely, no. Question about the new arrangements is not worth it. Or will the arbitration decision in the purchase of gas from Gazprom from Naftogaz, which really can be performed, and the parties will execute, or this decision will not. We do not expect that we will reach some new agreements with the Russians,” he said.

As reported Корреспондент.net, counterclaims of Gazprom and Naftogaz on gas supply contract was filed in the Stockholm arbitration court in June 2014, the oral hearing was completed in October 2016, a decision expected in the second quarter of 2017.

Source: Russian service of DW

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