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 Ukraine demands that Russia return $16 billion for overpaid and short-received gas, - Yatseniuk

Prime Minister of Ukraine Arsenii Yatseniuk said that Russia's claims filed to the Arbitration Institute of the Stockholm Chamber of Commerce to recover $27 billion from Naftohaz Ukrainy are groundless.


"We have filed claims against the Russian Federation to the Arbitration Institute of the Stockholm Chamber of Commerce. We demand that Russian Gazprom return $16 billion in losses Ukraine suffered overpaying for gas and short-receiving the transit. Moreover, the Russian Federation filed a lawsuit against Ukraine on the basis of the same gas contracts concerning the recovery of $27 billion from Ukraine for the so-called "take-or-pay" item of the contract. We believe the requirements of the Russian Federation to be baseless and will struggle to defend our national interests," Yatseniuk said during the parliamentary hearings on energy rates on Friday.

Read more: Gazprom to provide discount to Ukraine and abandon "take-or-pay" principle
 
 
 
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