Kyiv expects positive decision in arbitration dispute with Gazprom in March – Poroshenko

16:16, 14.12.2016 1 min read

Ukraine expects that Stockholm arbitrage in the dispute between national joint-stock company Naftogaz and Russia's PJSC Gazprom will make a decision in favor of Kyiv in March 2017, President of Ukraine Petro Poroshenko has said.

"We expect that in March, Ukraine will win the arbitral tribunal in Stockholm," Poroshenko said, taking part in the launch of the enterprise for the production of spare parts of imported cars Sumitomo Electric Bordnetze (SE Bordnetze) in the town of Chortkiv (Ternopil region) On Wednesday.

According to him, Ukraine expects that it will be able to cancel the "predatory contract" with Gazprom after such a legal decision. "It has been proved that Gazprom supplied gas to us at inflated prices. We will reduce these prices and lower tariffs," the president said.