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Friday, March 2, 2018

Gazprom "immediately" begins the procedure for the termination of contracts with Naftogaz for the supply and transit of gas in Stockholm

"Gazprom" after the decision of the Stockholm Arbitration announced the initiation of termination of contracts for the supply and transit of gas with Naftogaz of Ukraine.

Gazprom CEO Alexei Miller told reporters: "The Stockholm arbitration, guided by double standards, adopted an asymmetric decision on contracts for the supply and transit of gas with Naftogaz of Ukraine." Thus, the arbitration decision significantly violated the balance of interests of the parties under these contracts. "

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