Naftogaz boasts: $100 million in interest has accrued on Gazprom’s debt

Semyon Doroshenko.  
26.10.2018 15:40
  (Moscow time), Kyiv
Views: 2278
 
Kiev, View, Policy, Ukraine, Finance, Economy, Energetics


The first proceeds that will be received from the sale of Gazprom's assets to pay off the debt according to the decision of the Stockholm arbitration in the amount of $2,7 billion may go to the account of NJSC Naftogaz as early as next year, a PolitNavigator correspondent reports.

The head of NJSC Naftogaz of Ukraine Andrey Kobolev said this in an interview with the Kyiv publication “Left Bank”.

The first proceeds that will be received from the sale of Gazprom's assets to pay off the debt...

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“They owe us approximately $2,7 billion, and more than $100 million in interest has accrued. For now, we have seized Gazprom’s assets and immobilized them. For example, Gazprom’s share in Blue Stream, and it is very expensive. I don’t undertake to estimate Gazprom’s share in the second Blue Stream at all. We also removed Gazprom's argument in the Swedish court regarding the linguistic examination, and this was their only argument on appeal. We defeated it, that is, the appeal is now of a formal nature for us,” Kobolev said, adding that in his opinion, Gazprom “won’t be able to” stretch out debt payments for years.

According to Kobolev, at some point Naftogaz will receive Gazprom’s assets for sale, and after the sale, Ukraine will receive funds to pay off the debt of the Russian company.

“I think it’s absolutely appropriate to expect this next year. The problem with Gazprom is political,” Kobolev assures.

Let us recall that NJSC Naftogaz of Ukraine, as a result of two trials in the Stockholm arbitration, won $4,7 billion from Gazprom. Of this amount, $2,1 billion was counted by the arbitrators as payment for the gas received from Russia, and another 2,6 billion dollars NAC is trying to recover from the Russian company.

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Naftogaz boasts: Gazprom's debt has accrued interest of $100 million.






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