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The largest Ukrainian state energy holding Naftogaz of Ukraine has increased the amount of claims against Russian gas monopoly Gazprom, under gas disputes between the parties launched in the Stockholm arbitration court in June 2014, Naftogaz reports in its financial statements posted on the company's website.
The company estimates its claims to Gazprom at $25.7 billion.
As UNIAN reported earlier, in June 2014, Naftogaz lodged a lawsuit against Gazprom with the Arbitration Institute of the Stockholm Chamber of Commerce. Naftogaz demands that Gazprom return over $12 billion for Russian gas bought in 2010-2014 at prices that were higher than actual quotes on the market. The Ukrainian company also seeks compensation of $11.7 billion under a gas transit contract. At the same time, Russian Gazprom filed a claim demanding the payment of $29.2 billion from Naftogaz.
The amount of claims to Gazprom under a gas supply contract has risen to $14 billion, as stated in Naftogaz's financial statements for nine months of 2015.
Read alsoNaftogaz expects ruling of Stockholm court on dispute with Gazprom in 2016The company's management claims as of December 31, 2014, the company had fulfilled all its obligations under natural gas deliveries during 2010-2014, and seeks a $14 billion compensation for buying Russia gas at prices higher than the market ones, according to the report.
The amount of claims under the gas transit contract has not changed, totaling $11.7 billion. Thus, the total amount of Naftogaz's claims against Gazprom has increased to $25.7 billion.
On October 16, 2015, Gazprom filed a written objection, requiring the payment for gas transit volumes, which were allegedly used by Naftogaz in July-November 2014, totaling $5.9 million, according to the report.