Tuesday, January 19, 2016

“Naftogaz Ukraine” responded to the demand of “Gazprom” to pay $ 2.5 billion – RBC

The company “Naftogaz Ukraine” has refused to pay the exhibition “Gazprom” account for $ 2.5 billion for amount of gas in the third quarter of 2015. Spelled out in the agreement concluded in 2009 contract “take or pay” principle, according to which Ukraine is committed not to reduce the volume of gas purchases below a certain agreement, at least in the “Naftogaz” called “non-market, unlawful and void».

“Naftogaz” challenges the application of that provision in the arbitration proceedings, the consideration of this production is carried out by a court in the Arbitration Institute of the Stockholm Chamber of Commerce. Thus, the validity of the claims of “Gazprom”, based on the position of “take or pay”, determine the court “, – underlined in the message of the Ukrainian company.

The press service of” Naftogaz “explained that the total amount of money requirements stated “Gazprom” for the years 2012-2014, with reference to the position of “take or pay”, is $ 26.7 billion.

Earlier today, “Gazprom” has sent “Naftogaz Ukraine” to pay for gas by, Ukrainian company that is not selected in the third quarter of 2015 on the condition of “take or pay”. The Russian company explained that “Naftogaz” billed in the amount of $ 2.549 billion, the payment of which “Gazprom” expects, within ten days.

Earlier “Gazprom” has exhibited “Naftogaz” account for the failure to select the gas for the condition “take or pay”. In particular, in 2013 “Gazprom” demanded $ 11.388 billion, and for 2012 – $ 7.2 billion. Then the Ukrainian side refused to pay for them.

In 2015, the condition of “take or pay” has not been applied to “Naftogaz” in the first, second and fourth quarters. As the head of “Gazprom” Alexey Miller, “Ukraine in 2015, actually refused to buy Russian gas in the third quarter, thus no agreement on non-use rules” take or pay “in this period was not.”

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