Russian gas giant Gazprom offered Ukrainian company Naftogaz to use a so-called “zero option” in terms of finances and verdicts of the Arbitration Institute of the Stockholm Chamber of Commerce.
“The zero option is the absence of mutual claims from the finance point of view,” said Russian Energy Minister Alexander Novak as cited by RIA Novosti. Novak proposed this option at the end of the trilateral negotiations on gas in Brussels.
According to Novak, Russia believes that the relationship between the parties should be settled “on the zero option” and “within the framework of a settlement agreement,” considering the long trial and appeal porcess.
According to Novosti, representatives of Naftogaz said that Gazprom offered to agree and not to apply court decisions on future contracts.
On Tuesday, Ukrainian company Naftogaz published a report for the first half of the year. The document reports that Gazprom owes the Ukrainian company as of June 30, 2019, $2.817 billion. This amount includes interest rates.
In December 2017 and February 2018, the Arbitration Institute of the Stockholm Chamber of Commerce ruled that Gazprom should pay $2.56 billion to Naftogaz for the supply and transit of gas.
Later, Gazprom demanded the cancellation of the verdict on the transit and filed a counterclaim, requesting to terminate the contracts with Naftogaz that are valid until the end of 2019.
(C) UAWIRE 2019
LONG TERM???? GAS TRANSIT DEAL, IF UKRAINE FORGETS ABOUT THE 3 BILLION DOLLARS DEBT GAZPROM HAS TO PAY TO UKRAINE…………. WILL ZENNY AGREE?
Seems Russia is finally broke, LOL.
Yes, just forget about tripling the price of gas after Yanukobytch went home to Russia, forget about falsely claiming Ukraine was stealing gas going to Europe in 2009, forget about owing Ukraine billions in overpaid gas deliveries, forget about the slavery we have imposed on Ukraine for 100 years, forget about the Holodomor, forget about the Kerch bridge, forget about the invasions, occupations, torture, murders, kidnappings and theft. Let’s start from scratch.
Here is starting from scratch; give us free gas until you pay restitution for all of the above crimes, then we’ll talk.
Tell you what, cough up the cash, then shove the gas up your ass.
Baaaaaaaaaaaahaaaaaaaaaaaaahaaaaaaaaaaaa!
Ukraine have been stung so many times by contracts and agreements with Muscovy, nobody with half a braincell would sign another.
Ukraine would be dumb to let itself into such a deal with the Russia.
Your name and avatar are not displayed on my device, are you logged in or commenting anonymously?