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Saturday, July 7, 2018

Naftogaz lodges new claim against Gazprom with Stockholm arbitration, demands review of transit tariff

NJSC Naftogaz of Ukraine on July 6 lodged a new claim against Russia's Gazprom with the Arbitration Institute of the Stockholm Chamber of Commerce, demanding the review of tariffs on gas transit, the Ukrainian company's press service said.
"Today, Naftogaz submitted a claim for revision of the tariff in its transit contract with Gazprom to arbitration in Stockholm. The transit contract between Naftogaz and Gazprom allows the parties to request a revision of the tariff in case of significant changes in the European gas market and if the tariff does not correspond to the level of tariffs in Europe," the press service said.

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