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Gazprom to demand $7 billion for insufficient gas imports to Ukraine

Gazprom to demand $7 billion for insufficient gas imports to Ukraine

Dealing with the issue of insufficient gas imports to Ukraine, Russian gas monopoly "Gazprom" will act in accordance with the signed contract in 2009, deputy head of "Gazprom", director general of "Gazprom Export" Oleksandr Medvedev told a news conference in Moscow.

"Amounts of gas shortage are fixed under the contract, and we have a contractual right to demand payment for these not imported amounts, so we will act under the contract," Medvedev said, responding to a question whether the "Gazprom" will demand $7 billion for gas arrears last year.

However, Medvedev did not give direct answer to the question whether the "Gazprom" will sue "Naftogaz" in the Stockholm Arbitration Court.