“Naftogaz” called unaffordable payments to “Gazprom” if you lose in court – RBC

the Ukrainian state company Naftogaz has to pay Gazprom us $ 38 billion in the event of losing the case to the arbitration court in Stockholm and this amount is unaffordable. This was stated by the head of “Naftogaz” Andrey Kobelev in an interview to “24 channel”, reports “UKRINFORM”.

“if you lose on the first claim, if “Gazprom” will manage to prove that the position of the take-or-pay “Naftogaz” has to reimburse the amount, the payment of the $ 38 billion will be unaffordable for the company,” — said KOBOLEV.

At the same time, males noted that his company expects to win.

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“of Course, we hope that decisions will be in favor of Ukraine, otherwise we wouldn’t be in Stockholm. In General, we are carefully optimistic. We believe that we have taken very effective position, we believe that the statistics in our favor,” — said KOBOLEV.

In early December, Kobolyev has estimated the probability of victory in a dispute with Gazprom in the Stockholm arbitration 60%.

the Hearing in Stockholm over the counter claims of “Naftogaz of Ukraine” and “Gazprom” started in September of 2016. “Naftogaz of Ukraine” believes that earlier Ukraine bought Russian gas at high prices and requires payment. In addition, Kiev has demanded compensation for the reduction of gas transit volumes. In turn, “Gazprom” has demanded to repay the debt for supplied but unpaid amounts and to pay fines under take-or-pay (the principle of “take or pay”, implying that the customer must pay at least a proportion of the contracted volumes, regardless of how much gas was in fact selected).

“Naftogaz” requires a total of $ 28.3 billion, “Gazprom” — $ 38.7 billion