Contents tagged with Kobolyev

  • Ukraine's Naftogaz starts collecting Gazprom debt in Luxembourg

    One year after its lawsuit victory against Gazprom at the Arbitration Institute in Stockholm, Naftogaz of Ukraine announced on Facebook that it has started collecting its debt from the Russian company in Luxembourg too.

    “Gazprom has to pay us $4.6 billion in compensation according to the transit contract,” the Ukrainian company’s press service stated, noting that it has already received $2.1 billion in gas. “The remaining amount we have been collecting through an enforcement process in several …

  • Ukraine prepared to extend gas transit agreement with Russia under European rules

    Andriy Kobolyev, CEO of Ukraine’s national oil and gas company Naftogaz, said in a press conference after trilateral negotiations in Brussels that the company is willing to extend the current agreements to transit Russian gas through Ukraine after 2019 if they comply with European regulations.

    “Naftogaz is willing to consider future agreements only if they completely abide by the European legislation that has been implemented in Ukraine,” Kobolyev said.

    He added that Naftogaz is open to all …

  • Ukraine to reduce its claim against Russia's Gazprom if new transit contract is signed

    Ukraine’s state-owned oil and gas company Naftogaz will reduce the amount of the new claim against Gazprom from $12 billion to $2 billion if Russian gas monopolist signs a new transit contract, stated Naftogaz CEO Yuriy Vitrenko in Brussels, Ukrinform reports.

    "Indeed, the sum of new claims is about 12 billion dollars. Part of these claims is because we do not expect gas transit through Ukrainian territory after 2019... The chances of winning are very high. We have already proven that when we …

  • Putin discusses risk of exporting Russian gas to Europe through Ukraine

    In a press conference after meeting with Serbian President Aleksander Vučić, Russian President Vladimir Putin spoke about the risk of transiting Russian gas to Europe through Ukraine.

    According to Putin, the Russian delegation to the trilateral gas meeting in Brussels will bring up this issue.

    “The management of Gazprom will be in Brussels next week, and will discuss a number of collaboration matters. Incidentally, [they will also discuss] transit through Ukraine, taking into account the …

  • Naftogaz CEO: Gazprom’s assets seized in three countries

    In an interview with the Ukrainian magazine Novoe Vremya, Naftogaz CEO Andriy Kobolyev discussed the progress that has been made in the implementation of the Stockholm Arbitration Institute’s ruling that awarded Naftogaz $2.56 billion.

    “Gazprom has tens of billions of dollars in property abroad. We have already seized it to an amount which exceeds the amount of Gazprom’s debt to us,” UNIAN cites Kobolyev as saying.

    Kobolyev explained that in the Netherlands, Switzerland and the UK, Gazprom’s …

  • Ukraine and IMF agree on gradual increase in gas price

    During the negotiations with the International Monetary Fund, the Cabinet of Ministers reached a preliminary agreement to gradually increase gas prices for the population to the level of import parity until 2020, said Andriy Kobolyev, the head of Naftogaz Ukraine at the forum of the European Business Association, Interfax Ukraine reported.

     “The government has reached an initial compromise. The [price] increase rate is now being discussed,” he said.

    The head of Naftogaz said that the issue of …

  • Ukraine intends to impose sanctions against companies participating in the construction of Nord Stream-2 pipeline

    International companies participating in the Nord Stream-2 gas pipeline project may not be allowed to run business in Ukraine, the Minister of Internal Affairs of Ukraine Arsen Avakov stated during his presentation at the 11th Forum on international security.

     “The French Company ENGIE is trying to build a gigantic power station in the Chernobyl area, and as my colleague-minister told me, is ‘a little bit’ involved in the construction of the Nord Stream. We don’t care whether it is ‘a little …