Poroshenko criticizes IMF as Stockholm rules in favor of Naftogaz

UKRAINE - Report 13 Mar 2018 by Vladimir Dubrovskiy and Dmytro Boyarchuk

Recent weeks brought both good and bad news for Ukraine. First, the litigation between Gazprom and Naftogaz finally ended, with a ruling in favor of Naftogaz, obliging Gazprom to compensate the Ukrainian energy corporation to the tune of $2.56 billion. Gazprom responded by launching an appeal, and announced it was cancelling its gas supply contract with Ukraine. This victory over Gazprom is far more significant than just a commercial dispute. It changes the pattern of communication between Moscow and Kyiv. And it showed Ukrainians that standing up for their national interests can pay off. O...

Now read on...

Register to sample a report

Register