Date: 9 months ago   Category: Energy

Naftogaz has reported about $100 million a penalty fee for Gazprom within payments by a court decision of Stockholm — Rambler News Service


Photo: Maxim of Nikitin/TASS the Penalty fee on payments of Gazprom within the decision of the Stockholm arbitration on a dispute of the company with Naftogaz of Ukraine has reached $100 million, the executive commercial director of Naftogaz Yury Vitrenko has said. It has added that it can also there be a speech about additional payment of expenses of Naftogaz on compulsory execution of the judgment. "Already about $100 million have run as you call, penalties, or percent. And if, for example, to estimate still expenses on bailiffs, then actually it will be a question of hundreds of millions of dollars which Gazprom will be forced to pay in addition to a debt in $2,5 billion. That is, if they have executed this decision, for example in March, then would pay only $2,5 billion" — Vitrenko in an interview to Ukrainian Channel Five has told. As earlier reported to RNS, on February 28 the Stockholm arbitration has passed the final decision on arbitration trial between Gazprom and Naftogaz of Ukraine under the contract for transit of gas through the territory of Ukraine. From the monetary requirements which were declared Naftogaz of $17 billion arbitrators have met requirements of the sum of $4,673 billion in connection with supply of gas for his transit to the European consumers in smaller volume, than it has been provided by the contract. Taking into account the sum which is earlier awarded in favor of Gazprom according to the contract for delivery of gas, arbitrators have made offset of counterclaims, following the results of which Gazprom is obliged to pay Naftogaz $2,56 billion, Gazprom has appealed on March 29, 2018 to Court of Appeal of the Swedish district Svea with the statement for contest of the final decision of February 28, 2018 and its partial cancellation. On May 28, 2018 Gazprom has filed a lawsuit the statement for full cancellation of the arbitral award. At the end of May — June, 2018 it became known that Naftogaz of Ukraine undertakes in the territory of Switzerland, the Netherlands and Great Britain actions for compulsory execution of the decision of the Stockholm arbitration within trial on the transit contract.

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