Ukraine: Gazprom bills Naftogaz $5.3 billion for gas under take-or-pay provisions for 2016

Gazprom has billed Naftogaz Ukrainy $5.3 billion for not accepting contracted take-or-pay provisions for gas. If that amount is included in the earlier declared claims in the Stockholm arbitration case, the amount of claims in the case of fulfilling the contract on supplies will grow to $37 billion, which makes up more than half of Gazprom’s capitalization of $61 billion

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