Naftogaz is ready to consider a proposal to supply gas to Ukraine on account of Gazprom's existing debt.
"We are ready to constructively consider Gazprom's proposals regarding the implementation of the Stockholm arbitration decisions and the corresponding settlement agreement. To date, in accordance with the final and binding decision of the Stockholm Arbitration, which is defined in our contract with Gazprom as a mechanism for resolving disputes, Gazprom has to pay Naftohaz approximately $3 billion. We are satisfied with the money, but if Gazprom wants to pay this debt for gas supplies, we are ready to consider such a proposal," he said.
Vitrenko expressed his conviction that the new transit contract should be concluded according to European rules with an operator separated from Naftogaz, and such a contract should be fair and balanced in itself.
"To sum up, we do not see any legitimate grounds for not concluding a new contract for gas transit through Ukraine in accordance with European rules, and we express our willingness to work on this in good faith on our part," he summed up.
As we reported, Gazprom has sent a formal proposal to NJSC Naftogaz-Ukraine to extend the current contract or to conclude a new agreement on transit of gas through the territory of Ukraine for one year.