Naftogaz initiates new arbitration proceeding against Gazprom

National Joint Stock Company “Naftogaz of Ukraine” has filed a Request for Arbitration with the International Court of Arbitration of the International Chamber of Commerce in Paris regarding the actions of PJSC “Gazprom” (Russian Federation). The venue for arbitration is Zurich, Switzerland. 

Naftogaz demands that Gazprom pay for the rendered service of organising natural gas transportation through the territory of Ukraine. Funds were not paid by Gazprom, neither on time nor in full. 

Naftogaz CEO Yuriy Vitrenko commented: “We will make Gazprom pay. Naftogaz also assesses the possibility of additional claims.  We will use our experience of victories over Gazprom in arbitration”.   

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