Naftogaz has predicted a defeat in the war with “Gazprom”


Photo: Peter Sivkov / TASS

“Naftogaz” has virtually no chance to recover from “Gazprom” to $ 2.6 billion, which he in February was awarded the Stockholm arbitration. To such conclusion analysts of Fitch, exposing the rating of Ukrainian companies, according to the website of the Agency.

According to analysts, the difficulties of “Naftogaz” is evidenced by the fact that the company still are unable to make payments, although since the judgment has already passed nine months. The “Gazprom” appealed the decision in the appeal and has the chance to seek its abolition.

Fitch also pointed out that in the near future “Gazprom” can not be dependent on “Naftogaz” and its transit capacity. This happens in the case of the successful launch of the gas pipeline “Nord stream-2” and “South stream”. The Agency hope that “Naftogaz” refused to buy Russian gas, will be able to buy fuel at the required volumes from European suppliers.

Based on these facts, Fitch set the rating of Eurobonds of “Naftogaz” to “B”.

The argument of “Naftogaz” and “Gazprom” continued for several years. The company filed mutual claims to the Stockholm arbitration: on the failure to supply gas transit contract and the refusal of purchase contrary to the terms of the contract. In February this year the court has partially udovletvorit requirements of both parties. Taking into account the addition of Gazprom owes Naftogaz of 2.56 billion dollars. The company has already filed an appeal against this decision.

Video, photo All from Russia.


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