Naftogaz to Sue Gazprom for $6.2 Bln Over Low Volume of Transit Gas

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Ukraine's Naftogaz filed a lawsuit against Russia's Gazprom over a deal on gas transit between 2009 and 2019. Naftogaz is seeking $3.2 billion in damages for the gas it allegedly has not received for transit from Gazprom, and another $3 billion in interests.

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MOSCOW, January 29 (Sputnik) – Ukraine’s Naftogaz has turned to an arbitration court in Stockholm to demand $6.2 billion from Russia’s gas giant Gazprom over a contract for transit gas between 2009 and 2019, Gazprom said in a report Thursday.

“The preliminary amount of their demands is $6.2 billion. Gazprom gave the arbitration court a response to its request on November 28, 2014. Arbitrators were appointed on December 11, 2014,” the report reads.

Naftogaz is seeking $3.2 billion in damages for the gas it allegedly has not received for transit from Gazprom, and another $3 billion in interests. Kiev is also demanding the transit tariffs on gas be changed in the contract that was signed in 2009.

Naftogaz headquarters - Sputnik International
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After an almost six-month break, Russia resumed gas deliveries to Ukraine last December, following a payment of $3.1 billion by Kiev for its large gas debt.

Gazprom is supplying Ukraine with gas under the so-called winter package agreement, which stipulates that Ukraine has to pay for supplies in advance. The deal, mediated by the European Union, was agreed in October.

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