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Ukraine will receive from Gazprom’s payment for gas since 2014

Украина получит от "Газпрома" компенсацию за газ с 2014 годаThe debt to the Russian supplier will be “significantly” reduced.

Compensation according to the decision of the Stockholm arbitration, which will be required to pay to the Ukrainian side, the Russian gas monopoly, Gazprom sold to Ukraine at a nonmarket price of gas, will significantly reduce the amount of debts of the National oil and gas holding “Naftogaz of Ukraine” to the Russian company.

The head of the Board of the National oil and gas holding “Naftogaz Ukraine” Andrew KOBOLEV said in a television broadcast, commenting on the court decision.

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“We have not settled with Gazprom for gas, which we took in previous periods in the amount of (if you remove the%) – approximately us $ 2.2 billion. Now we can definitely say that you will get compensation for the volumes of gas that we paid, starting in 2014, when the price was above than the price, which is now accepted by the Tribunal. That is, this figure (the sum of debts before “Gazprom” – UNIAN) will be exactly reduced. It will be reduced significantly,” he said.

The head of “Naftogaz” added that the exact amount will be known only after the final decision of the arbitration.

“The gas that we took and it paid off, is not a penalty. It is our duty. Our decision (the decision of the Stockholm arbitration – UNIAN) will significantly reduce this debt. After three months, we will be able to calculate the exact figure, approval at the Tribunal and bring to the public’s attention,” – said KOBOLEV.

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