Ukrnaftoburinnya won in the court case versus Ukrgaz

The Commercial Court of Kyiv applied to Ukrnaftoburinnya (hereinafter - the plaintiff) with a claim against Ukrgaz LLC (hereinafter referred to as the defendant) asking to recover 5.9 million UAH.

On May 20, 2016, Ukrnaftoburinnya (seller) and the Ukrgaz signed an agreement on the sale and purchase of gas. The planned volume of gas supply in May 2016 amounted to 824,033 thousand cubic meters for the total amount of UAH 4.7 million (excluding the cost of transportation through Ukrtransgaz pipelines).

In May 2016, Ukrnaftoburinnya transferred Ukrgaz gas to a total amount of UAH 4.7 million, which is confirmed by the signed act of acceptance-transmission of gas of 31.05.2016.

Evidence of payment of debt is not provided.

The court was resolved to satisfy the claim of Ukrnaftoburinnya in collecting 4.7 million UAH of the principal debt. Accordingly, after conducting the verification of the calculation, the court decided to satisfy the claim to collect UAH 200 thousand of inflation losses from Ukrgaz, UAH 57 thousand – 3 % annual interest, UAH 47.4 thousand – 1% fine, UAH 236.9 thousand – 5% fine, and UAH 88.2 thousand court fees.

17:00 / 6 August, 2018

Upcoming events
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019 The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.
Carpathian Oil&Gas Conference-2019
10:00 / 8 February, 2019
AGROPETROL-2019 AGROPETROL is the only conference in Ukraine to meet producers and suppliers of diesel, gasoline, propane-butane, natural gas, electricity and miner with consumers - representatives of agricultural companies and industrial enterprises. Representatives of the procurement department with traders will meet in Kiev on February 8
08:30 / 20 September, 2018
ODESA OFFSHORE CONFERENCE - 2018 Ukraine Strives to Resume its Offshore E&P Projects The Derzhgeonadra (State Service of Geology and Mineral Resources of Ukraine) announces to hold permit auction for E&P in oil&gas fields in Black Sea Shelf and the Azov Sea Shelf. In the lead-up to the upcoming auctions, Ukrainian and international stakeholders and professionals will gather in Odesa, Ukraine, to initially discuss joint sea-shelf projects.
All events