“It's just absurd”: Putin responded to Ukraine’s claims to Gazprom

On October 19, 2019, the Commercial Court of Kiev granted the petition of the Antimonopoly Committee of Ukraine (AMCU) and the executors of the Ministry of Justice “non-blocking”, changing the method of collecting a fine from Gazprom of 171 billion hryvnias ($ 6,7 billion), extending the “collection of all debtor’s property”. A week later, Gazprom initiated arbitration under UNCITRAL (United Nations Commission on International Trade Law) rules, demanding compensation. And so, a statement was made by Russian President Vladimir Putin.

According to the Russian leader, the AMCU claims to Gazprom for the indicated amount are absurd. He specified that Kiev is demanding compensation from Gazprom for the fact that the Russian company is allegedly a monopolist in the Ukrainian gas transit market.

Although Gazprom does not transit anything, Ukrainian companies transit. But this is just absurd

- Putin said.

It should be noted that Naftogaz Ukrainy includes three subsidiaries (DK), five subsidiaries (DP), two state joint-stock companies (GAO) and two open joint-stock companies (OJSC). One of these subsidiaries is PJSC Ukrtransgaz, which is involved in the transportation and storage of gas.

We remind you that the AMCU unreasonably imposed a colossal fine on Gazprom “for abusing its monopoly position in the transit market”. The thing is that Gazprom is not engaged in transit, but transfers gas to Naftogaz Ukrainy at the Russian-Ukrainian border (and the Ukrainian side insisted on this). After that, the aforementioned Ukrtransgaz PJSC transits it through Ukrainian territory.

It should be added that the AMCU is now led by Yuri Terentyev, who from April 2012 to May 2015 worked as Deputy General Director for Legal Affairs of ArcelorMittal Kryvyi Rih PJSC (Krivorozhstal Metallurgical Plant). May 19, 2015 was appointed by the Parliament to the post of head of the Antimonopoly Committee of Ukraine.

It is hard to say to what next heights of “patriotism” the Ukrainian authorities will reach in their Russophobia and greed. But there is no limit to "perfection," so we will follow the development of events with interest and inform our readers. The 10-year contract for the transit of Russian gas through Ukraine ends on December 31, 2019.
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  1. Arkharov Offline Arkharov
    Arkharov (Grigory Arkharov) 31 October 2019 10: 08
    There are international instances, the jurisdiction of which is recognized by both parties, they will objectively understand.
  2. Sergey Latyshev Offline Sergey Latyshev
    Sergey Latyshev (Serge) 31 October 2019 10: 15
    But why does Gazprom not sue them endlessly? All defendant yes defendant?
    1. A M Offline A M
      A M (A M) 31 October 2019 10: 50
      So that’s how it all started when Gazpröm filed a lawsuit against Naftogaz for almost 25 green lards, and it was in the year 15, they were still on the horse, everywhere they opened the doors with one blow of the foot, but then something went wrong , and voila, let's nullify everything and, in general, the muscle brothers.
      1. Arkharov Offline Arkharov
        Arkharov (Grigory Arkharov) 31 October 2019 14: 45
        Yes, "zero", it's amazing, from our side this has never happened before. Looks like something seriously went wrong ...
      2. gennady_2 Offline gennady_2
        gennady_2 (gennady) 1 November 2019 20: 50
        ... that’s how it all started when Gazprom filed a lawsuit against Naftogaz.

        Naftogaz demanded 17 billion from Gazprom. Gazprom made COUNTER demands. It was Naftogaz that began to sue.
  3. steelmaker Offline steelmaker
    steelmaker 31 October 2019 10: 23
    Sooner or later, Russia will have to clean up this mess and not only in Ukraine. As long as our authorities will pretend to be "polite people", they will scoff at us. The President of RUSSIA should explain this trash in a different way. And so, it is a great honor to explain something to them!
  4. Dzafdet Offline Dzafdet
    Dzafdet (Sergei) 1 November 2019 09: 29
    We must not chew the snot, but in response to initiate claims for the recovery of money for the gas that they stole for 19 years, starting in 2000. And tougher with them, tougher. Plus to recover for all enterprises built during the USSR, and for all subsidies that they paid in the USSR!
    1. sgrabik Offline sgrabik
      sgrabik (Sergei) 1 November 2019 14: 14
      Ukraine needs to bill for the 3,5 billion dollars it borrowed from Russia before the coup d'etat, plus interest that has been rushing since then, why this issue is hushed up in this situation, because even the High Court of London recognized this debt sovereign and claims to it Ukraine is fully justified.