11:02 02.05.2015

Yatseniuk: Naftogaz claims against Gazprom with Stockholm Arbitration Institute exceed $16 bln

1 min read
Yatseniuk: Naftogaz claims against Gazprom with Stockholm Arbitration Institute exceed $16 bln

KYIV. May 2 (Interfax-Ukraine) – The claims that Naftogaz has filed with the Arbitration Institute of the Stockholm Chamber of Commerce seeking compensation for losses from a gas purchase contract and amendments to a gas transport contract with Gazprom exceed $16 billion, Ukrainian Prime Minister Arseniy Yatseniuk said.

"In half a year after the Arbitration [Institute] was addressed for the first time on the [gas] transport contract, leading international experts and lawyers have done a considerable amount of work in order to prove clearly that the transport contract is unfair to Ukraine and that Gazprom must pay over $10 billion to Naftogaz in compensation for losses," Yatseniuk said on Facebook on Friday.

"Therefore, the overall amount of our claims against Gazprom concerning a gas purchase contract and a [gas] transport contract has already exceeded $16 billion," he said.

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