You're reading: Deputy Prime Minister Boyko: No formal grounds to terminate 2009 gas contract in court

 Kyiv, April 27 (Interfax-Ukraine) – Deputy Prime Minister of Ukraine Yuriy Boyko believes that the 2009 gas supply contract with Russia cannot be terminated in court.

 “Unfortunately, we do not have formal grounds for lawsuits. Because those absurd provisions on the basis of which it would be possible to go to court, were removed when the Kharkiv accords were signed. I mean the fines,” he said in an interview with the Dzerkalo Tyzhnia newspaper.

He also recalled the provisions related to the price of gas: “At present, the price for Ukraine is $406 on the border, the same price or slightly higher is currently on the border with Hungary, Slovakia and Poland.”

“Now, should the price be $100 higher (that is without the discount provided by the Kharkiv accords), then we would have gone to court. And as we have comparable prices, so there are no arguments,” the deputy prime minister said.

“Another question is that Gazprom profits more from us because the transit goes through our country. Unfortunately, the Stockholm court doesn’t take this as an argument,” Boyko said.

To a comment by a journalist that the argument for the court may be the market situation, which has changed, in particular an increase in the share of the spot market, alternative sources, energy saving, etc., Boyko said: “This is not an argument for the court. The spot market… We have consulted. An argument for the court is some extraordinary things, which were put in the contract, which will allow us to appeal to Stockholm, as well as some serious discrimination.”