Court confirms instruction to accept 2 bcm of gas as tax lien by fiscal service

14:26, 16.02.2017 1 min read

Higher administrative court of Ukraine upheld the ruling of the court of a lower instance under which the State Fiscal Service of Ukraine is obliged to accept 2 billion cubic meters (bcm) of natural gas made in 2006 as a tax lien from public joint-stock company Ukrnafta, the company's press service has reported.

"The court ruled that the State Fiscal Service acting as a defender did not have legal grounds not to accept 2 bcm of natural gas, which cost today exceeds UAH 15 billion," Ukrnafta said.

As reported, Ukrnafta is trying to collect this amount of gas from Ukrtransgaz.

According to national joint-stock company Naftogaz Ukrainy, Ukrtransgaz did not sign a contract to store these 2 bcm of gas and did not accept this amount of gas for storage. Thus, the company does not have ground to transfer this gas to Ukrnafta.