Naftogaz CEO: Gas price for Ukrainian consumers may be lowered if company wins in Stockholm arbitration

Naftogaz CEO: Gas price for Ukrainian consumers may be lowered if company wins in Stockholm arbitration

Ukrinform
NJSC Naftogaz of Ukraine states that gas price for all categories of Ukrainian consumers may be lowered, if the company wins a dispute with Russia's Gazprom in the Stockholm arbitration court.

“If we prove our position on the purchase and sale of gas, it will mean a decrease in the fair price of gas compared with the current one. It will apply to all [Ukrainian consumers],” CEO of Naftogaz Andriy Kobolyev said on Channel 24, an Ukrinform correspondent reports.

For Naftogaz the victory within the contract on gas transit will mean the compensation for the previous period, when Ukraine didn't receive full amount of funds for the supplies of Russian gas to the EU countries.

"Naftogaz will receive funds and the government, as a shareholder, will be able to manage them,” Kobolyev said. 

He also added that the completion of court proceedings will enable to end the process of unbundling the gas transmission function from Naftogaz.

iy


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-