Naftogaz tells of consequences for Gazprom in case it loses Stockholm arbitration
If Ukraine's oil and gas giant NJSC Naftogaz of Ukraine wins its battle with Gazprom in the Stockholm arbitration court, Russia's gas giant will annually pay $4 billion more for gas transit via Ukraine, Chief Commercial Officer of NJSC Naftogaz of Ukraine Yuriy Vitrenko wrote on Facebook ahead of the hearing regarding the transit contract, which is taking place today, November 21.
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