PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
Aerospace Force chief says Russian army to get new combat jets and helicoptersMilitary & Defense February 26, 11:15
Mistura says Homs terror attacks attempt to derail Geneva talksWorld February 26, 5:49
Where to watch unique solar eclipse and spectacular ‘ring of fire’Science & Space February 26, 3:24
HNC expects Trump to correct Obama's mistakes in Syria - delegation headWorld February 26, 3:08
War on terror to dominate Geneva talks — Syrian UN envoyWorld February 25, 23:48
KIEV, July 23. /ITAR-TASS/. The Arbitration Institute of the Stockholm Chamber of Commerce will begin hearings on Ukraine’s lawsuit against Russia’s Gazprom shortly, Naftogaz of Ukraine CEO Andriy Kobolev said on Wednesday.
“We hope that these procedures (for resolving formalities) will be completed in the next few weeks and merit hearings will begin,” he said, adding that “there is no understanding” as to whether Naftogaz of Ukraine and Gazprom can come to a mutually acceptable agreement on gas supplies and the price of Russian gas.
Following the failure of the gas talks, Gazprom switched to prepayment mode in trade with Ukraine and filed a lawsuit in Stockholm, seeking to collect a debt of $4.5 billion.
Naftogaz of Ukraine, in turn, presented its own lawsuit on the same day, seeking to revise the current gas contract with Gazprom and demanding that the Russian company return $6 billion overpaid by Ukraine for gas since 2010.
Ukrainian Energy and Coal Industry Minister Yuriy Prodan said earlier that Kiev’s position on the payment of its debt to Russia had not changed, "We will pay it immediately as soon as we come to agreement on the price”.
“If no agreement is reached, the Stockholm Arbitration (Institute) will have the final say,” he added.