• Natural Gas News

    ITAR-TASS: Gazprom’s position at Russia-Ukraine gas talks unchanged — CEO

    old

Summary

Gazprom says Naftogaz’s debt under the “take or pay” clause has already exceeded $11 billion.

by: Sruthi

Posted in:

Press Notes

ITAR-TASS: Gazprom’s position at Russia-Ukraine gas talks unchanged — CEO

Gazprom’s position at Russia-Ukraine gas talks remains unchanged, Gazprom CEO Alexei Miller said on Friday.

Miller made his statement as EU Energy Commissioner Guenther Oettinger had arrived in Moscow on Friday to try to find a solution to the Russia-Ukraine gas price dispute.

The Russia gas giant’s head said that Gazprom’s position was now of less compromise nature as the dispute with the Ukrainian national energy company Naftogaz was under review at the Stockholm arbitration tribunal.

“Now arbitration proceedings have started in Stockholm,” Miller said, adding that this was the reason why Gazprom could not change its position, including its stance on Ukraine’s obligations under the “take or pay” clause of the 2009 gas contract signed between Russia and Ukraine.
MORE