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You're reading: Naftogaz returns disputed gas to RosUkrEnergo in exchange for $1.7 billion
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"Under documents signed in pursuance of a ruling by the Stockholm Arbitration Tribunal, Naftogaz Ukrainy will return 12.1 billion cubic meters (bcm) of natural gas to RosUkrEnergo," Naftogaz’s press service said in a statement on Monday.

"RosUkrEnergo in turn will repay $1.7 billion in debts to Naftogaz Ukrainy and $810 million in debts to the Gazprom Group," reads the statement.

According to Naftogaz, a package of agreements on the settlement of a number of important issues of interaction in the gas sector was signed with Gazprom and RosUkrEnergo, which made it possible for the parties involved to completely settle all the disputes related to natural gas shipments in 2008-2009.

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