Naftogaz demands from Gazprom to repay $14.23 bln

 Naftogaz demands from Gazprom to repay $14.23 bln

In addition to its own arbitration claims relating to the terms of the contract to supply gas to Ukraine, Russia's Gazprom has for the first time disclosed the amount of counter-claims by NJSC Naftogaz Ukrainy, which it said were $14.23 billion.

Gazprom filed a claim against Naftogaz for unpaid gas with the Arbitration Institute of the Stockholm Chamber of Commerce on June 16, 2014. The overall claim increased to $31.75 billion when take-or-pay demands were added.