20.12.2019, 12:56
Gazprom's Payout of around $ 3 Billion Could Be Part of Gas Deal with Ukraine
Source: OREANDA-NEWS
OREANDA-NEWS. One of the conditions of a package gas agreement between Russia and Ukraine is discussing the payment by Gazprom of about $ 3 billion to the Ukrainian side by decision of the Stockholm arbitration, a source in the Russian delegation told reporters.
“Gazprom’s payment of about $ 3 billion by the decision of the Stockholm arbitration may become part of a package agreement on gas with Ukraine. Continuation of negotiations on the whole range of issues is scheduled for today in Minsk”, he said. Russian President Vladimir Putin, speaking at a large press conference on Thursday, commented on the arbitration decision, recalling that Ukraine has a similar debt to Russia on $ 3 billion worth of Eurobonds.
"Some of the Russian reserve funds from the National Wealth Fund have been invested in Ukrainian securities worth $ 3 billion. There is already a court decision in London on this issue, it is not being implemented", the president said. Putin noted that Russia is ready to seek a solution to the Ukrainian gas issue that is acceptable to everyone, although the decision of the Stockholm arbitration on the dispute between Gazprom and Naftogaz Ukrainy was political in nature.
“Gazprom’s payment of about $ 3 billion by the decision of the Stockholm arbitration may become part of a package agreement on gas with Ukraine. Continuation of negotiations on the whole range of issues is scheduled for today in Minsk”, he said. Russian President Vladimir Putin, speaking at a large press conference on Thursday, commented on the arbitration decision, recalling that Ukraine has a similar debt to Russia on $ 3 billion worth of Eurobonds.
"Some of the Russian reserve funds from the National Wealth Fund have been invested in Ukrainian securities worth $ 3 billion. There is already a court decision in London on this issue, it is not being implemented", the president said. Putin noted that Russia is ready to seek a solution to the Ukrainian gas issue that is acceptable to everyone, although the decision of the Stockholm arbitration on the dispute between Gazprom and Naftogaz Ukrainy was political in nature.
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