The Stockholm arbitration court postponed a decision on the transit dispute “Gazprom” and “Naftogaz” – NAK

The Tribunal of the Arbitration Institute of Stockholm chamber of Commerce plans a little to defer a decision on the transit dispute “Gazprom” and “Naftogaz of Ukraine”. This was announced by the Director of legal Affairs of “Naftogaz” Yaroslav Teklyuk.

“This case is now also at the final stage. At the end of last year, passed the oral hearing, and now the court is preparing a decision. It must be issued before the end of June, but in a conference call with our Advisor, the court announced that he plans to contact the Secretariat of the Arbitration Institute of the Stockholm chamber of Commerce with the request to postpone the final date of a final decision,” – said Teklyuk.

The Director of legal Affairs “Naftogaz” is not able to say which period will be delayed the court’s decision.

“How long is hard to say, but I think it will be a few months,” he said.

As reported earlier, Gazprom said that the decision of the Stockholm arbitration on the dispute of the Russian “Gazprom” from the Ukrainian “Naftogaz” many “bright moments”.

We will remind, on may 31, the Stockholm arbitration court has announced a closed decision by mutual claims of “Gazprom” and “Naftogaza”. This decision was the first of several anticipated.

  • The court overturned the onerous condition “take or pay”, according to which Ukraine had to pay 52 billion cubic meters of gas annually, regardless of the actual supply.
  • The court fully lifted the ban of re-export of Russian gas.
  • “Gazprom” to revise the formula for calculating the price, but with 2014 and not as required “Naftogaz of Ukraine” from 20 may 2011 to October 2015.

Russian media were quick to say that in this case, Gazprom will demand that Naftogaz payment for gas deliveries in 2013.

Now the parties are awaiting the financial explanations of Stockholm. The amounts that the parties must pay each other on the basis of the decision of the Stockholm arbitration, separately calculate the experts.