Ukraine, Russia discuss possibility of paying $3 bln under arbitration award by Gazprom – Naftogaz top manager

Ukraine and the Russian Federation are discussing a possibility of making payments under the award of the Arbitration Institute of the Stockholm Chamber of Commerce by Russia’s Gazprom in the form of gas supplies for the amount of $3 billion, Executive Officer of NJSC Naftogaz Ukrainy Yuriy Vitrenko has said.

“Minister [Minister of Energy of the Russian Federation Alexander] Novak, who was present during the talks, recognized the fact that they are discussing the implementation of the arbitration tribunal’s award through relevant gas supplies. We see some progress on public statements

. We are talking about gas for $3 billion. This is a lot of gas. These are the years of Ukraine’s imports,” he said on NV Radio on Friday night.

(c) Interfax


  1. “We are talking about gas for $3 billion. This is a lot of gas.”

    Does this guy really believe Muscovy would deliver $3 billion worth of gas in exchange for $3 billion from the arbitration court? Putin has already said the gas will be cut off in January, and for any contract to be signed, the claims have to be dropped. Fuck Putin, and his gas, get the money in the bank. Gas can be turned off, money in the bank can be used to buy weapons.

    • Not to mention that the value of the gas would be about half the price they consider the value since they jack up the price when they sell it. So 3bln of gas is probably half the cost of actually paying the fine. Ukraine should demand direct payment!

  2. Ukraine is a country with low English proficiency.

    The country has dropped six spots, taking the 49th place among 100 countries in the latest ranking of English proficiency, published by the Sweden-based international education company EF Education First in October 2019.

    In 2018, however, Ukraine performed better, making it to the “average proficiency” category with its 43rd position.

    But the latest ranking shows Ukraine as one of the worst countries in Europe in terms of penetration of the English language, again placing it in the “low English proficiency” category.

    EF Education First has been compiling the ranking that compares English proficiency in non-English-speaking countries every year since 2011. The ranking is based on an online survey taken by 2.3 million people in 2019.

    The study takes into account the presence of the English language in the workplace and analyzes English proficiency among employees and senior staff members.

    This year, according to the EF, the 10 countries with the best English language proficiency are the Netherlands, Sweden, Norway, Denmark, Singapore, South Africa, Finland, Austria, Luxembourg, and Germany.

    The latest ranking also shows that Ukraine’s neighbors Belarus (47), Russia (48), Romania (16) and Poland (11) have higher English proficiency. The only European countries that are behind Ukraine are Albania (50), Georgia (56), Turkey (79) and Azerbaijan (85).

    Apart from that, the ranking shows Kyiv having moderate English proficiency, with Dubai and Tokyo being placed below the Ukrainian capital.

What is your opinion?