18:10 01.03.2018

Gazprom acting like a street hustler – Klimkin

1 min read
Gazprom acting like a street hustler – Klimkin

Minister of Foreign Affairs of Ukraine Pavlo Klimkin is outraged by the position of Gazprom in the context of Stockholm Arbitration's ruling, but is sure that responsibility will come.

"Gazprom has fallen to the level of a 'street hustler.' It does not comply with the decision of the Stockholm Arbitration, but now it also reduces the pressure in the pipe, being unable to fulfill its obligations," the Foreign Minister wrote on Twitter on Thursday.

He added: "But we will get them. Their assets in Europe have long been known."

As reported, the Arbitration Institute of the Stockholm Chamber of Commerce obliged Russia's gas giant Gazprom to pay $4.63 billion to NJSC Naftogaz Ukrainy for the failure to meet gas transit obligations.

Since the court previously ordered Naftogaz to pay Gazprom for gas supply arrears, Gazprom's net payment after two arbitration disputes between the two companies on gas supplies and transit shipments will be $2.56 billion.

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