Tag: gas transit disputes

News from Stockholm: Gazprom v Naftogaz – 0:1
By 26 June, 2017 1 Comments Read More →

News from Stockholm: Gazprom v Naftogaz – 0:1

On January 2009, Gazprom and Naftogaz signed a confidential long-term gas sales agreement (the “Contract“) for 2009-2019. Some in the media declared that the Contract included an oil-linked formula for the gas price, a “take-or-pay” clause and a price review clause. Five years later, Gazprom finds itself claiming USD 4.5 billion in unpaid debts for natural […]