Ukraine to sue Russia over gas price

April 14, 2014

Ukraine is going to sue Russia at the international level, particularly in the Stockholm arbitration, due to gas contracts of 2009, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said in parliament on April 11, a Ukrinform correspondent reported.

"This work [on the submission of a lawsuit to the Stockholm arbitration under a gas contract with Russia of 2009] has been going on from the first day I assumed this post [as energy minister]," Prodan said.

He said that the Energy and Coal Industry Ministry was carefully preparing the relevant documents and revising the disadvantageous conditions that currently exist in the contract between Naftogaz and Gazprom of 2009.

"We are attracting international lawyers who have the experience of work with companies that filed claims with the Stockholm court against Gazprom. These issues did not reach arbitration - Gazprom settled these issues with European countries through amicable agreements," the minister said.

Copyright: Ukrinform, 2014