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Gazprom hikes Ukraine claim to $37bn, says verdict due June 30

  MOSCOW: Russian gas giant Gazprom has increased its claim against Ukraine's Naftogaz to $37 billion and expect
Published April 27, 2017 Updated April 27, 2017 01:19pm

 

gazprom-1024MOSCOW: Russian gas giant Gazprom has increased its claim against Ukraine's Naftogaz to $37 billion and expects an arbitration court in Stockholm to rule in the dispute on June 30, Gazprom said in a regulatory filing on Thursday.

It had previously been seeking $31.76 billion to compensate it for what it says were gas debts accumulated since 2012.

Ukraine stopped buying Russian gas in November 2015 due to a clash over pricing. Russia's annexation of the Ukrainian region of Crimea in 2014 worsened their relations.

Naftogaz, in its turn, claims it has overpaid for Russian gas. It is seeking more than $14.2 billion from Gazprom.

 

Copyright Reuters, 2017
 

 

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