“Gazprom” has transferred to the Polish PGNiG $1.5 billion overpayment for gas. The dispute between the companies continued in 2016

The Russian monopolist “Gazprom” has returned to the Polish state gas company PGNiG $1.5 billion overpayment for gas, told the newspaper “Kommersant”.

The company said that OOO “Gazprom export” listed money PGNiG on 30 June.

The company reminded that I do not agree with the arbitration decision and continue to challenge it in Appellate court of the district of Svea (Sweden). The claim of the Russian company filed in may.

According to Kommersant, Gazprom is trying to prove that the arbitrators, setting a new price formula in the contract with PGNiG, has gone beyond its powers, since neither Russian nor Polish companies were not asked about it, PGNiG wanted to go to the hubs indexed.

The publication noted that, in accordance with established practice, the parties are obliged to execute the decision of arbitration even if the dispute in his appeal.

Chairman of the management Board of PGNiG Jerzy Kwiecinski wrote on Twitter on 1 July that the money has been credited to the account of the company.

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