Ukraine intends to enforce Gazprom to pay debts

The Minister of Justice Pavlo Petrenko said about ongoing preparation of debt enforcement from Russian gas monopolist Gazprom to the benefit of the national oil and gaz company Naftogaz in accordance with a ruling of the Arbitration Institute of the Stockholm Chamber of Commerce.

He told this to journalists according to Interfax-Ukraine. 

"Today a fine is being imposed on Gazprom. The fine is almost half a million dollars a day," he stated. 

Additionally, as to him, the preparations are underway for the enforcement of this decision on the basis of ruling of the Arbitration Institute of the Stockholm Chamber of Commerce and the New York Convention, which allows to collect these funds practically all over the world. 

"Thirdly, the Justice Ministry continues to recover debt from Gazprom under another ruling of a Ukrainian court. Over UAH 100 million has already been transferred to the state budget," Mnister added.