Gazprom files $4.5 bln lawsuit against Naftogaz in Stockholm arbitration over debt for gas

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Gazprom has filed a lawsuit in Stockholm arbitration seeking to collect $4.5 billion in debt for gas from Ukraine’s Naftogaz, the Russian gas giant said. Gazprom has emphasized that Ukraine’s Naftogaz remains contractually obligated to ensure uninterrupted transit of Russian gas bound for consumers in Europe, Gazprom said in a statement.

Gazprom expects Ukraine’s Naftogaz to meticulously uphold its contractual obligations to provide gas transit to third countries, it said.

“In addition, the European Commission has received timely notification of possible interruptions in gas transit, in the event that Naftogaz Ukrainy siphons off gas from transit flows,” the statement says.

“Gazprom has already exerted and will continue to exert every possible effort aimed at preventing any potential interruption in gas transit for European consumers,” Gazprom said.

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