Naftogaz started arbitration against Gazprom: the Russian Federation will be forced to pay for gas transit through Ukraine

Arbitration will be held in Swiss Zurich. In 2019, the transit contract was signed with Gazprom on the terms of "Kakai or Pay", and the Russians have been in no hurry to pay since May. Naftogaz of Ukraine initiated a new arbitration with the Russian gas monopolist Gazprom. This was reported by the press service of the Ukrainian company. Naftogaz applied to the International Arbitration Court at the International Chamber of Commerce in Paris.

Arbitration will be held in Zurich, the city in northern Switzerland. Naftogaz demands money from Gazprom for the service provided to organize natural gas transportation in Ukraine. The Russian company did not pay the money on time and in full, according to Naftogaz. "We will force Gazprom to pay. Naftogaz evaluates the possibility of statement of additional requirements. We use our experience of victories over Gazprom in arbitration," - said Naftogaz Board Yuri Vitrenko.

The transit contract from 2019 was signed with the Russian Federation on terms "Kuckai or Pay", and the Russians have been rocking and paying less than the agreement since May, Vitrenko added on Facebook. "We demand from Gazprom in full. As this determines the contract . . . This is only the beginning, Naftogaz evaluates the possibility of statement about additional conditions," Vitrenko announced. Naftogaz, according to him, won virtually all important battles with Gazprom, but the war continues.

"Now we need not only to win the war against Gazprom, but also to defeat Russia in its invading war against Ukraine. And although arbitration is always a difficult and long process, I believe that Naftogaz will repeat Stockholm-2019 success," he said . Recall that Naftogaz hinted in May in May with Gazprom. The Russian company, based on the terms of the contract, decides whether to supply gas for transit Ukraine or not. Gazprom is obliged to pay even if he does not supply gas.