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 Stockholm court proved Ukraine's interests were surrendered in 2009, - Poroshenko on Russia gas deal

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The decision of the Stockholm Arbitration Court on the 2009 gas agreement proves that the Ukrainian signatories surrendered the interests of the state. They should be held responsible for this.

President of Ukraine Petro Poroshenko said during a visit to the Trypilska TPP (the Kyiv region), Censor.NET reports citing Ukrinform.

"Today we have a lot of talking about the extent of responsibility. The Bible reads: 'Do not judge and you will not be judged.' I'm not talking about criminal responsibility, it's not the business of the president but of the relevant authorities. I'm talking about political responsibility. When you put the country on its knees, and today it is proved not by politicians, not by domestic experts, but by the highest international judicial organization. It has proved that the interests of Ukraine were surrendered," Poroshenko said, speaking about the 2009 gas contract.

Read more: Stockholm arbitration court said Russia's gas price for Ukraine was not "brotherly," - Naftohaz head Koboliev

The president stressed that the signatories to this "criminal" agreement did not appeal against it later, because "they were on the gas needle, their hands were tied up by corrupt deals."

The head of state recalled the recent ruling of the Stockholm Arbitration, which abolished the "take-or-pay" principle in the said gas contract.

"The predatory "take-or-pay" principle means: no matter how much gas you consume gas, you will pay for 52 billion cubic meters that we have never ever used up. And a criminal signature was put there and absolutely illegal, non-market and corrupt obligations were assumed," Poroshenko said.

Read more: Naftohaz celebrates victory over Gazprom in Stockholm

He also recalled that Ukraine for years "stayed on Russia's gas needle, and gas supplies fueled corruption in our state. Only three years ago, decisive steps were taken and we consumed zero cubic meters of Russian gas in 2016 and 2017."

On May 31, the Stockholm Arbitration Institute passed a judgment on the dispute between Naftohaz Ukrainy and Gazprom regarding the 2009 gas contract.

The court ordered to:
1) abolish the "take-or-pay" principle;
2) cancel the prohibition to re-export gas;
3) revise the 2014 price formula (a European price was introduced).
 
 
 
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