Stockholm arbitration court obliges Gazprom to pay $4.63 bln to Naftogaz for insufficient transit shipments

The Arbitration Institute of the Stockholm Chamber of Commerce has obliged Russia's gas giant Gazprom to pay $4.63 billion to NJSC Naftogaz Ukrainy for the failure to meet gas transit obligations, the Ukrainian company's press service told Interfax-Ukraine.

Since the court previously ordered Naftogaz to pay Gazprom for gas supply arrears, Gazprom's net payment after two arbitration disputes between the two companies on gas supplies and transit shipments will be $2.56 billion.