Naftogaz's claim against Gazprom exceeds $8 billion

The total claim amount made against Gazprom by Naftogaz has reached 8.2 billion dollars.  This claim is in regard to a contract between these two companies for the transit of Russian gas through Ukraine.

The head of Naftogaz, Andrew Kobolyev, reported this during a conference in Kiev.

“The total amount of claims made against Gazprom has reached an amount of 8.2 billion dollars,” Kobolyev said.

According to him, this amount had accumulated during the duration of the contract, which began in 2009.

Naftogaz and Gazprom are currently involved in arbitration proceedings in Stockholm with regard to two contracts.  The first one deals with the transit of gas through Ukraine, while the second contract details the sale of Russian gas to Ukraine.

  Ukraine, Naftogaz, Russia, Gazprom, lawsuit