Petro Poroshenko, one of the candidates for the presidency in Ukraine, says that it's necessary to appeal to the Arbitration Institute of the Stockholm Chamber of Commerce so that a gas supply contract concluded between NJSC Naftogaz Ukrainy and Russia's OAO Gazprom in 2009 be reviewed if the Russian side doesn't enter negotiations to revise the prices sealed in the contract.
“The Ukrainian government should oblige NJSC Naftogaz Ukrainy to
apply to the Arbitration Institute of the Stockholm Chamber of Commerce
for the repeal of the 2009 contract between Naftogaz and Gazprom if the
Russian side doesn’t immediately agree to negotiate new terms of the
contract,” Poroshenko’s press service quoted him as saying.
The 2009 contract doesn’t correspond to market realities seen on the
European market, and the contract itself was signed under brutal
pressure and blackmail by Russia against Ukraine and the EU, he said.
“Under the current conditions when Russia and its leading companies
are threatened by even more significant economic sanctions from the EU
and our legal position is sound and flawless, it’s time to seek justice
in an independent court,” he said.
Poroshenko claims there are precedents when European companies
seeking for the revision of prices under gas contracts with Gazprom were
successful.
