On the principle of “take-or-pay” Ukraine owes Gazprom more than $ 5 billion
“Gazprom” sent “Naftogaz of Ukraine” account to pay for gas, unselected in 2016 under the “take-or-pay”, reports TASS. In accordance with the terms of the contract, “Naftogaz”, the debt amounted to $ 5,319 billion. The Russian gas holding indicates that valid between the parties to the contract of purchase and sale of natural gas provides Ukrainian companies charge annual charge minimum annual quantity of gas. Within 10 days, the Ukrainian side is obliged to pay the bill.
Chairman of the Board of PJSC “Gazprom” Alexei Miller told journalists that the “take-or-pay” is the basic principle of operation of the gas industry, which commits the vendor to reserve the mining and transport capacity for the contracted volume of gas. When it comes to the daily volume of more than 100 million cubic meters, the guarantee of such delivery and be a substantial price to the buyer, Miller said.
From November 2015, Ukraine imported gas at the current contract with Gazprom in the first quarter of 2016, the principle of “take-or-pay” to “Naftogaz” was not used.
in 2014 “Naftogaz of Ukraine” is trying to challenge formed to “Gazprom” debt for natural gas and the interest on it. After the Russian gas monopoly appealed to June 2014 the arbitration Institute of the Stockholm chamber of Commerce a request for arbitration to recover the debt from “Naftogaz of Ukraine”, the defendant on the same day appealed to the same arbitration requirements retroactive changes in the price of natural gas and the recovery of all overpayments since 2011. Also, “Naftogaz” demanded the lifting of the ban on the implementation of the supply contract with Gazprom for natural gas outside of Ukraine.
In October 2014, Naftogaz filed a second lawsuit in the Stockholm arbitration court, having demanded from “Gazprom” compensation for the decrease in transit in the amount of $ 3.2 billion and another $ 3 billion for the low transit rate.
the Total amount of claims “Gazprom” to “Naftogaz” in the Stockholm international arbitration totaled $ 31,759 billion. “Naftogaz of Ukraine” proposed to “Gazprom” claims to $ 26.6 billion. While the conflicting parties have the opportunity to complement their requirements. It is not excluded that the total amount of the claim from outside “Gazprom” can exceed $ 60 billion. The first claim of “Gazprom” can be reviewed before the end of March 2017, the second – before the end of July 2018. It is not excluded that a new check to pay for gas also will be the subject of the Stockholm arbitration Tribunal.
Department information
21:36, 17.01.2017
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