You're reading: UNIAN: Naftogaz submits to Stockholm Arbitration another major claim to Gazprom

UNIAN: Naftogaz submits to Stockholm Arbitration another major claim to Gazprom

By UNIAN.

Published July 6, 2018 at 8:20 pm

A compressor station of Ukraine's Naftogaz national oil and gas company near the northeastern Ukrainian city of Kharkiv. Ukraine has completed the process of separating its gas production company from its gas distribution network. Naftogaz and the transmission system operator will now be separate entities working independently of one another. Unbundling the gas system was a long-await reform critical to Ukraine’s greater integration with the European Union.

Photo by AFP

NJSC Naftogaz of Ukraine has filed with the Stockholm Arbitration a claim requesting that the gas transit tariffs laid down in the contract with Gazprom be revised.

According to a statement released by the Naftogaz press service, the contract in question allows parties demanding tariff revision if significant changes have taken place on the European gas market and also if the tariff is not in line with the European level.