Gazprom demands $2.5 billion for gas Ukraine didn’t import

Russia's gas gompany Gazprom demanded on 19 January 2016 some $2.5 billion (€2.28 billion) for Ukraine allegedly breaching its supply contract.

In a statement, Gazprom said that under the terms of its deal with Ukraine state firm Naftogaz, the country would have had to purchase a minimum annual amount of gas, or face a penalty. It also revealed that supplies had fallen short of the required level in the third quarter of 2015.

• Primary Source

ESO: Background information: Gazprom halts supplies to Ukraine http://www.europeansources.info/record/gazprom-halts-supplies-to-ukraine/

Sputnik International, 19.01.16: Gazprom Obliges Naftogaz to Pay $2.5Bln for Failure to Take Gas in 3Q2015 http://sptnkne.ws/a3xn

The Telegraph, 19.01.16: Gazprom threatens Kiev with $2.6bn gas bill http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/12108118/Gazprom-threatens-Kiev-with-2.6bn-gas-bill.html

TASS, 19.01.16: Gazprom draws $2.549 bln gas bill to Naftogaz of Ukraine http://tass.ru/en/economy/850526

Naftogaz, 19.01.16: Applicability of 'take-or-pay' in contract between Naftogaz and Gazprom to be determined in court http://www.naftogaz.com/www/3/nakweben.nsf/0/66BD8B324504D628C2257F3F005544F4?OpenDocument&year=2016&month=01&nt=News&

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