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Wednesday, 28 February 2018 21:58

NAFTOGAZ WON THE SECOND CLAUSE IN STOCKHOLM — GAZPROM HAS TO PAY $2.56B

Naftogaz of Ukraine succeeded on its claim for damages for underdeliveries in Transit Arbitration with Gazprom. Naftogaz was awarded damages of $4.63B for Gazprom's failure to deliver the agreed transit gas volumes. Now, following the awards in two gas Arbitrations, Gazprom has to make a net payment of $2.56B to Naftogaz

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