The National Joint Stock Company (NAC) Naftogaz of Ukraine filed a Request for Arbitration with the International Arbitration Court at the International Chamber of Commerce and Industry in Paris (France) regarding the actions of PJSC Gazprom (Russian Federation). The place of arbitration shall be Zurich (Switzerland). This was reported by the press service of Naftogaz.
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.
“We will make Gazprom pay. Naftogaz is also evaluating the possibility of making additional demands. We use our experience of victories over Gazprom in arbitration,” said Yury Vitrenko, Chairman of the Board of Naftogaz.
According to Vitrenko, the current long-term contract between Naftogaz and Gazprom was concluded on the terms of "pump or pay". At the same time, since the beginning of May, Gazprom has been pumping and paying less than the agreement provides.
