Ukrainian Naftogaz faces tens of billions of dollars in fines for gas shortages
The head of the Russian monopolist Gazprom, Alexey Miller, said that Gazprom imposed a fine on the Naftogaz of Ukraine company for gas shortages in the amount of $26,7 billion.
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About Miller said at a press conference in Moscow following the annual meeting of Gazprom shareholders.
“As for “take or pay” (the “take or pay” rule is laid down in the contract of 2009 - PolitNavigator), we have already said for what period we have granted our Ukrainian partners an exemption from compliance with this rule. But if we talk about 2014... Strictly in accordance with the contract, we imposed a fine on our Ukrainian colleagues - the total amount of the fine for NJSC Naftogaz of Ukraine under “take or pay” is 26 billion 700 million dollars,” Miller said.
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