You're reading: Gazprom claims against Naftogaz in Stockholm arbitration rise to $32 billion

Gazprom has filed adjusted claims with the Arbitration Institute of the Stockholm Chamber of Commerce against Ukraine's Naftogaz relating to a gas contract dated January 19, 2009, the Russian gas giant said in statement.

The overall claims, including a new claim for $2.549 billion on take or pay terms in Q3 2015, are $31.759 billion.

Take or pay terms did not apply to Naftogaz in the first, second and fourth quarters of 2015.