Contents tagged with Gazprom
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Ukraine begins the inventory and seizure of Gazprom’s Ukrainian assets
The Cabinet of Ministers of Ukraine is stepping up its activity to recover the fine from Russia's Gazprom, the press service of the government reported.
According to the report, the executive proceeding in this case is being conducted by the Department of the State Executive Service of the Ministry of Justice of Ukraine on the basis of the court's decision to recover from Gazprom 171,931,854,000 hryvnia ($6.5 billion) into the general fund of the state budget of Ukraine.
The government said …
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Ukrainian President: Russia's Gazprom will pay for everything to a penny
In an interview with Ukrainian television channels on Wednesday, March 7, Ukrainian President Petro Poroshenko said that he is convinced that the Russian company Gazprom will fully pay Naftogaz $2.56 billion following the results of two arbitration disputes in the Stockholm Arbitration Court.
"I have no doubt that Ukraine will get everything to a penny. I declare that this issue is absolutely not about money. This issue has geopolitical significance ... The position of the Russian Federation, …
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European Parliament takes Ukraine’s side in Kyiv’s dispute with Russian Gazprom over gas transit
The European Parliament believes that Russia's refusal to deliver gas to Ukraine is an element of political pressure that can have negative consequences for the European Union, as said in the statement released by the European Parliament Foreign Affairs Committee Chair David McAllister, Ukrinform reports.
The statement condemned the actions of Gazprom concerning the cessation of gas supplies to Ukraine and further attempts to terminate the contract. "This is yet another proof of the use of gas …
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Russia refuses to take part in trilateral gas talks with Ukraine and the EU
Energy Minister of the Russian Federation Alexander Novak said there will be no gas negotiations with Ukraine and the European Union, TASS reported.
"No trilateral negotiations are being planned as all the court proceedings are based on the contracts and relations between commercial organizations, particularly between Gazprom and Naftogaz. Only the said two companies must settle all these issues," Novak said.
According to the report, Naftogaz and Gazprom failed to agree on the conditions of …
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Russia's Gazprom appeals Stockholm arbitration court ruling on Ukraine's claim
The Russian company Gazprom has filed an appeal against the ruling of the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) in the gas dispute with Naftogaz Ukraine.
This was announced by Gazprom on Twitter.
The Russian company promises to appeal the ruling by the end of March 2018.
Earlier Gazprom notified Naftogaz Ukraine that it was beginning the procedures to annul all of its active contracts with Naftogaz to supply and transit gas.
In the gas dispute with Ukraine, …
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Poroshenko: Gazprom's threats to terminate gas delivery contract with Ukraine another argument against Nord Stream-2
President Petro Poroshenko believes that Russia's threats not to fulfill the ruling of the Arbitration Institute of the Stockholm Chamber of Commerce on the Naftogaz vs Gazprom case are another argument against the Russian Nord Stream-2 main gas pipeline project, as he stated at a meeting with the Minister of Defense of Sweden, Peter Hultqvist.
"Russia’s behavior…, the threats to stop gas supplies to Ukraine, to not obey the gas transit ruling of the court, and to terminate the [gas] contract, …
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Ukraine begins search for Gazprom’s assets in Europe
Ukrainian Foreign Minister Pavlo Klimkin has instructed the ambassadors in European countries to look for Gazprom’s assets in preparation for the collection of the Russian company’s debt to Naftogaz.
“If Russia does not comply, we will go to the courts – we will go to New York, we will go to London, we will go to all countries. I have already given our ambassadors the instruction to look for Gazprom’s assets throughout Europe. They keep accurate record of everything there,” Klimkin told the …
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Ukraine's Naftogaz refuses to terminate transit agreement with Gazprom
Naftogaz of Ukraine received notice of plans from Russia’s Gazprom to appeal to Stockholm’s arbitration tribunal regarding contracts for the supply and transit of gas. The company considers Gazprom’s proposals unacceptable, said commercial director of Naftogaz Yuriy Vitrenko, as reported by channel 112 Ukraine. He added that there are no grounds for dissolving the gas transit agreement in Kyiv.
The Ukrainian top manager said that the gas contracts stipulate the procedure for cancelling them. …
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European Commission offers to mediate negotiations between Naftogaz and Gazprom
European Commission (EC) Vice-President for Energy Union Maroš Šefčovič noted that the European Commission is ready to mediate to help settle the gas dispute between Ukraine and Russia. This was mentioned in a statement released on the EC website.
It was specifically noted that Šefčovič had contacted Ukrainian and Russian authorities for telephone-based discussions. Šefčovič spoke with Ukrainian Prime Minister Volodymyr Groysman, Naftogaz CEO Andriy Kobolyev, and Russian Energy Minister …
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Ukraine received 26.5 mln cubic meters of gas from Europe since the beginning of March
During the first four days of March, Ukraine received 26.5 million cubic meters of natural gas from European Union countries, as announced by the Ukrainian Ministry of Energy and Coal Industry.
The Ministry specified that 17 million cubic metres was obtained from Slovakia, 7 million cubic meters from Hungary, and 2.5 million cubic meters from Poland.
As reported, on March 2nd, the National Joint-Stock company, Naftogaz of Ukraine and the Polish company, PGNiG signed a contract for the urgent …