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Gazprom files $4.5 billion lawsuit against Ukraine's Naftogaz

The European consumers will continue to receive natural gas in full

MOSCOW, June 16. /ITAR-TASS/. Russian gas giant Gazprom has filed a $4.5 billion suit against Ukraine’s energy company Naftogaz to the Stockholm arbitration court and switched Ukraine to an advanced payment system, the company said in a statement on Monday.

“Gazprom has turned to the Stockholm international arbitration court with a suit against Naftogaz Ukrainy seeking the recovery of a $4.5 billion debt due to the company’s improper fulfillment of the contract signed on January 19, 2009 on purchasing and selling of gas in the years 2009 through 2019,” the company said.