Saturday, November 19, 2016

“Naftogaz” has threatened “to Gazprom” the rise in price of transit $4 billion in the year – RBC

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Photo: Valery sharifulin/TASS

In the “Naftogaz” stated that in the case of winning the claim in the Stockholm arbitration court against Gazprom, the Russian company will “every year to pay for transit, $ 4 billion more.” Hearings on the transit contract will start on Monday

Gazprom will have to pay for the transit of gas through territory of Ukraine is $ 4 billion a year more in the case that the Stockholm arbitration court decides in favor of the company “Naftogaz”. These figures are cited on the page in Facebook the commercial Director of “Naftogaz of Ukraine” Yuriy Vitrenko.

In his post he described the company’s position in anticipation of the beginning of the process against Gazprom in the Stockholm arbitration. Vitrenko said that the requirements of “Naftogaz” are that the tariff for transit “was given in compliance with the European rules for setting tariffs”.

“the Problem is [in the case of the arbitration award in favor of "Naftogaz"], Gazprom will have to pay us tens of billions of dollars of compensation to sell gas at a much lower price, each year to pay $ 4 billion more for transit and not to obstruct our integration in the European market,” says Vitrenko.

representative of the Ukrainian company stressed that Ukraine’s position in this matter “not easy”. However, Such stressed that Kiev is confident in their position. “We are confident in the strength of our legal position. But we understand that this is still a very complex and demanding legal battle that it is vital for us to win it,” he wrote.

Hearings on the transit of Russian gas through the territory of Ukraine will begin in arbitration of Stockholm on 21 November, said Vitrenko.

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