Gazprom defies Naftogaz's victory claims in Stockholm gas dispute

REUTERS

12:00, 26.12.2017

1 min. 425

Deputy Board Chair at Gazprom PJSC, Alexander Medvedev, says that Ukrainian President Petro Poroshenko could have been misinformed on the decision by the Arbitration Institute of the Stockholm Chamber of Commerce on the dispute between Russia's gas monopoly Gazprom and Naftogaz of Ukraine, claiming that it has in fact been handed down in Russia's favor.

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"Unlike the loud statements by the Ukrainian side – as President Poroshenko announced a complete and unconditional victory, which is, at least, strange, and allows us wondering whether he was correctly informed of the arbitration award – the main provisions of the contract are recognized as valid. We consider that Gazprom's claim on main provisions has completely been satisfied," Medvedev told Russia 24 TV channel.

Last week, Poroshenko called the arbitration award a "historic victory" of Naftogaz.

Read alsoNaftogaz wins gas sales arbitration case against Gazprom on all issues in dispute"This is what they say: 'you spit in his eye and he will reply it's just dew from the sky,'" the Gazprom official said describing Ukraine's position.

It was earlier reported that Naftogaz had won a gas sales arbitration case against Gazprom on all disputed issues.

Read alsoUkraine not to pay for gas Russia delivered to occupied DonbasThe Tribunal at the Arbitration Institute of the Stockholm Chamber of Commerce on December 22 completely rejected Russia's Gazprom take-or-pay claims to NJSC Naftogaz of Ukraine amounting to US$56 billion for 2012-2017.

Gazprom arbitration Stockholm gasdispute

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