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Wednesday, January 21, 2009

Gazprom says will not drop arbitration suits against Ukraine

MOSCOW, January 20, 2009 (Itar-Tass) - Russia's major producer and exporter of natural gas, Gazprom, will not drop lawsuits against Ukraine in the international arbitration court, Gazprom's Deputy CEO Alexander Medvedev told reporters Tuesday. "We reserve the right to demand compensation for the losses we've sustained," he said. "We can work fruitfully /with the Ukrainian side/ but this doesn't rule out litigations in the arbitration court," Medvedev said.

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