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Stockholm court begins hearing on new dispute between Naftogaz, Gazprom
Journal Staff Report

KYIV, Jan 28 - The Arbitration Institute of the Stockholm Chamber of Commerce on January 28 began its first meeting on the second transit dispute between Naftogaz Ukrayiny and Gazprom (Russia), Executive Director of the Ukrainian company Yuriy Vitrenko said on his Facebook page.

In July 2018, Naftogaz filed a lawsuit to the Stockholm arbitration with the demand to revise the transit rate of March 18, 2018 and reimbursement from Gazprom to about $12.5 billion. Gazprom, in turn, filed a lawsuit to terminate the transit contract with Naftogaz, which expires at the end of this year. The arbitration combined the claims in one case.




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