Russia sends to Stockholm Court of Arbitrary documents on breaking gas contracts with Ukraine

Source : 112 Ukraine

The Russian side is ready to negotiate with the Ukrainian company
12:04, 23 April 2018

112 Agency

Russia's energy monopolist Gazprom passed the documents on breaking 2009 gas contracts with Naftogaz-Ukraine. The papers were sent on April 20, Kommersant says

Gazprom's representatives admitted that the consideration process may last for a while - which is why the Russian side cannot avoid paying the 2.6-billion dollar fine and supplying 110 billion cubic meters of gas via Ukraine to the EU within two years. According to the company's CEO Aleksei Miller, the period of consideration may last up to two years.

The actual contract expires on December 31, 2019. According to Miller, Gazprom is ready to negotiate with Ukraine on the gas transit after 2019, but at first, Ukraine needs to prove the economic reasons for such transit via its territory.

Related: Gazprom uses leverage to manipulate gas-dependent EU countries, - The Telegraph

Related: Gazprom to keep gas transit through Ukraine, - Gazprom CEO

Related: Gazprom refuses to live up to Stockholm arbitrary court decision, - Naftogaz-Ukraine

Related: Kyiv to dictate terms: What does decision of Stockholm Arbitration mean to Ukraine?

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