The latest information from the Stockholm arbitration optimistic – KOBOLEV

The latest information from the Stockholm arbitration, which will decide on the dispute between “Naftogaz of Ukraine” and PJSC “Gazprom” (Russian Federation) is optimistic for the Ukrainian side, said the head of the NJSC ” Andrey Kobelev.

“We get a lot of information already from the Tribunal relative possible timing and results. We become more optimistic than we were before”, – he said on air “channel 5” on Friday evening.

According to him, of course the arbitration decision in a contract for the sale of gas is expected in the near future.

As reported, “Gazprom” in June 2014 appealed to the Arbitration Institute of the Stockholm chamber of Commerce a request for arbitration to recover from Naftogaz debt for delivered in 2013-2014 gas, and under a “take or pay”. For its part, Naftogaz filed a lawsuit to retroactively change rates, the recovery of overpayments and the lifting of the ban of re-export. The court consolidated both suits.

The decision of the arbitrators under the contract for the supply of gas is expected in April 2017.