Naftogaz decided to sue Gazprom over payment for gas transit

The state-owned company Naftogaz of Ukraine filed a petition for arbitration with the International Arbitration Court in respect of Gazprom, the corresponding statement was published on the company’s website. The Ukrainian company was accused of “Gazprom» in non-payment of gas transit services.

Zurich, Switzerland, is indicated as the place of arbitration in the communication. “Naftogaz demands funds from Gazprom for the provided service for organizing the transportation of natural gas through the territory of Ukraine, which were not paid to them on time and in full,” the statement says.

According to the head of the company, Yuri Vitrenko, Naftogaz may also present additional requirements to the Russian side.

Vitrenko declared in June, that Naftogaz plans to apply to international arbitration in July with a lawsuit against Gazprom on charges of underpayment for the capacities booked for transit. According to Vitrenko,Gazprom» does not pay extra for the reserved capacity that is available to him.

According to the current transit contract, Gazprom in 2020-2024. is obliged to pay Ukraine about $7.1 billion for pumping through its GTS. In general, Russia exported 203.5 billion cubic meters in 2021. m of gas, and its average cost was $274 per 1,000 cubic meters. m, according to the data of the Federal Customs Service.