Monday, June 22FROM THE RIVER TO THE SEA, PALESTINE WILL BE FREE

Tag: Ukraine Gas

Russia, Ukraine

Ukraine claims Dutch assets of Russia’s Gazprom seized as part of $2.6bn compensation ruling

NOVANEWS © Evgenya Novozhenina / Sputnik Ukrainian state energy company Naftogaz claims the Dutch assets of Russia's Gazprom have been seized in compliance with the decision of the Stockholm arbitration court. In February, the Stockholm court demanded that the Russian company pay for a shortfall in the delivery of gas to Ukraine, awarding Naftogaz $2.6 billion in compensation. Gazprom said that the decision created an imbalance in favor of Kiev. The Russian firm appealed the verdict, and notified Naftogaz that it had launched a procedure for the termination of gas-delivery contracts. Read more Kiev threatens Russia with ‘full-scale conflict’ if gas transit to Europe through Ukraine stops The contract for the supply of natural gas from Russia to Ukraine, signed in early 2009, was s...