Stockholm arbitration accepts Naftogaz lawsuit on interim gas price

The Stockholm arbitration court has accepted an additional lawsuit from Ukraine regarding a solution on an interim price for Russian gas.
Ukrainian Prime Minister Arseniy Yatseniuk said this at a cabinet meeting on Wednesday, Ukrinform’s correspondent reported.
“The Stockholm arbitration court has accepted our additional lawsuit regarding an interim solution in the case between Naftogaz and Gazprom,” he said.
According to Yatseniuk, Ukraine has two options to resolve the problem with gas.
“The first option is to sign an interim agreement that we have drawn up together with our European partners…. The second option [initiated by the government several months ago] is a dispute settlement in court,” Yatseniuk said.
“The court may set an interim price and, respectively, a procedure for payment and gas supply,” he said.
He said that there were about 17 billion cubic meters of gas in Ukraine’s storage facilities and that reverse gas supplies were conducted from the EU, but an interim agreement with Russia had not yet been signed.
Yatseniuk said that he was “quite skeptical” that any agreement could be reached with Russia. “But we’ll see how [trilateral gas talks] are held on [October] 29,” he said.

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