Ukraine's GDP was $93.27 billion in 2016, according to the World Bank; 2.3% of this sum is $2.14 billion. Naftogaz also referred to the negotiations earlier offered to Gazprom on the need to revise the transit tariff from 2010 in accordance with the European rules.
The tribunal awarded Naftogaz damages of $4.63 billion, but as payments for gas delivered in 2014 and 2015 have already been settled, the amount Gazprom will have to pay is lower, Kallanish Energy learns.
"Naftogaz's revenues make up 8% of GDP, and Ukraine's transit income is 2.3% of GDP", Vitrenko said. The decision seriously violates the balance of interests of the parties under these contracts, according to Miller.
Naftogaz has reduced its gas consumption at thermal power stations by 5-10%, Ukraine's state-owned energy firm Naftogaz said on March 2.
"We started the procedure for the termination of contracts with Naftogaz of Ukraine, and a new case in Stockholm arbitration on this suit will be absolutely sure considered by another composition of the arbitrators", Medvedev said. Kiev demanded to change the transit tariffs, which it established independently.
It follows Wednesday's worldwide arbitration court order for Gazprom to pay $2.56 billion to Naftogaz after weighing mutual claims and counter-claims related to gas supplies and transit. The total amount of Ukrainian company claims was $6-12 billion.
The Stockholm Arbitration satisfied the requirements of the companies only partially.
Ukraine is the main route for the Russian gas to Europe where Gazprom accounts for around 35 percent of the market share. Therefore, it was counting on the victory over the second dispute.
The move on Saturday not only marked an escalation in a multi-year dispute between Moscow and Kyiv, but also led to concerns about downstream gas supplies to European countries.
Prime Minister Benjamin Netanyahu aboard the new submarine "Rahav" at the Israeli navy base in Haifa, on January 12, 2016. If investigators discover a promise for favorable coverage, Sarah Netanyahu could be charged.
While the bank declared a fraud of Rs 97.85 crore, the actual loss incurred was Rs 109.08 crore, according to the FIR. According to the FIR, OBC sanctioned a loan of Rs 148.60 crore to the company in 2011.
The holders never recovered from a dismal opening 40 minutes and Scotland secured their first win over England in a decade. Flyhalf Finn Russell knocked over the penalty and the party could start in earnest in a fevered atmosphere.
The playful offer evokes the Soviet-era tradition of giving the innocuous names to some of the deadliest weapons systems. He added that Sarmat also carries a bigger number of nuclear warheads, which are more powerful than the ones on Satan.
How does the bank perform on gender pay? We have delivered on this by resolving a number of our litigation and conduct issues. The bank said its group bonus pool for 2017 was 342 million pounds, compared with 343 million the year before.
It is interesting to note that this will be the fastest that a Galaxy device has been introduced in the Indian market. The two phones, which are the flagship Galaxy S phones, have divided the Samsung fans and smartphone enthusiasts.
Brandon Mines, agreed with several other parents at the match, maintaining that Beggs should compete with boys instead of girls. Both the NCAA and the Olympics have rules in place that allow athletes to compete as the gender they identify with.
Location-based reminders: You can already set reminders based on a location with the Assistant on your phone. Phone carriers will also be able to develop their own custom integrations with Google Assistant .
North Korea's missile and nuclear programme is seeking to develop a nuclear-tipped missile capable of reaching the U.S. mainland. Although South Korea is a close USA ally, animosity between Washington and Pyongyang is still running high.
Israeli Prime Minister Benjamin Netanyahu hailed Friday's USA announcement as "a great day for the people of Israel". Nakba ("catastrophe" in Arabic) is the word used by Palestinians to describe the establishment of Israel in 1948.
The Oreo update was supposed to arrive in February but it's still a chimera for the majority of regular users. LG is also guaranteeing security patches for the phones will be delivered within 90 days from each other .
Slovak police detain 7 over slain journalist
Two of those mentioned by Kuciak resigned Tuesday, although they denied any connection to organized crime or the killings. He, like fellow murdered Maltese journalist Daphne Caruana Galizia , worked on the Panama Papers scandal.
Will Trump remove ICE from California?
He segued from comments about the El Salvadoran gang MS-13 into a denunciation of California, CNBC reported . As in California, Austin's sanctuary policies forced ICE to make at-large arrests in the community.
TAPI: PM attends groundbreaking ceremony in Turkmenistan
The Turkmenistan President, meanwhile, stressed on the need for increasing his country's cooperation with Afghanistan. Afghanistan is expected to earn $500 million United States dollars in transit duties annually from the project.
Airbnb Announces Major Changes To Its Services & Offerings
Airbnb is launching nine exciting new collection in total but the family and work collections are available beginning today. Another tier, Beyond by Airbnb , offers higher-end homes and customized experiences for luxury travel starting this spring.