Saturday, May 2, 2015

“Naftogaz” has provided in support of Stockholm lawsuits against “Gazprom” on transit – RBC Ukraine

“Naftogaz Ukraine” April 30, 2014 granted to the Stockholm Arbitration Court lawsuit against the rationale of “Gazprom” in excess of $ 16 billion. This is stated in the press service of “Naftogaz”.

“Yesterday (April 30 – Ed.)” Naftogaz Ukraine “has filed with the Arbitral Tribunal in Stockholm claim (Statement of Claim) in the framework of arbitration against OAO” Gazprom “concerning the contract for gas transit,” – said in a statement.

It is reported that the demand for money “Naftogaz” to “Gazprom” to arbitration with respect to the contract for the transit of gas add up to more than $ 10 billion. Thus, given that the amount of claims to arbitration with respect to the contract for the supply of gas exceeds 6 billion. USD., the total amount of monetary claims “Naftogaz” to “Gazprom” for the two arbitrations now exceeds $ 16 billion.

“The claims presented yesterday, in support of which involves the examination of witnesses, as well as analysis and conclusions leading international experts, “Naftogaz” demands to invalidate certain provisions of the Contract, and including the provisions on the tariff for transit of gas under the provisions of European competition law and energy law. Such provisions shall be replaced in accordance with other provisions of the contract, which will be retroactive, “- stressed the” Naftogaz “.

As a result of requirements to amend the tariff,” Naftogaz “also claims compensation for the underpayment of transit fare, which should cover the losses incurred, at least since 2010.

In addition, “Naftogaz” said the claims with respect to short supply of gas under the contract violations by “Gazprom” of its obligations in relation to the volume of gas supplies to transit.

Let us recall that this arbitration was initiated after the submission of “Naftogaz” of the corresponding application on 13 октября 2014 г.

5 March 2015 in Stockholm, the first hearing on procedural matters, which In particular, April 30 has been identified as the date of filing of the claim to “Gazprom” in the part of “Naftogaz Ukraine” concerning the transit contract.

At the end of January this year, “Naftogaz” has filed a claim against ” Gazprom “in the arbitration regarding the gas supply contract.

Yesterday Prime Minister of Ukraine Arseniy Yatsenyuk said that the amount of claims” Naftogaz “to” Gazprom “has exceeded $ 16 billion .

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