lola
Will Russia's Gazprom defeat Ukraine's Naftogaz in arbitration?
Russia did not defeat Ukraine in arbitration, but instead the two parties worked out other arrangements. This results in a NO settlement.
It would seem that an arrangement has been worked out that did not require arbitration. Payments are being made so arbitration is not needed at this time.
From reports on August 6:
"Russian gas firm OAO Gazprom (GAZP.RS) Thursday confirmed Ukraine's state gas company Naftogaz has paid in full for gas supplied in July.
Ukrainian Prime Minister Yulia Tymoshenko said Wednesday the government had transferred $605 million to Gazprom."
http://online.wsj.com/article/BT-CO-20090806-703079.html
Background:
"I've informed Russian President Dmitry Medvedev about the planned legal action and he approved this decision," Gazprom's statement quoted its chief executive Alexei Miller as saying.
Additional News Resources:
http://tinyurl.com/99sxld
Settlement details:As reported by a major mainstream news source.
| Yes |
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| No |
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- Activity: H$27,842 |
- Predictions: 23 |
Comments: 4
Suspend date: Sat 4th Jul 3:59pm PST
Settlement date: Sat 8th Aug 3:49am PST
Prediction cut-off: Predictions on this question after Sat 4th Jul 3:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 50%
Action history:
lola lola: It seems that Russia and the Ukraine are working out gas payment plans through bilateral agreements and not through arbitration as was indicated when this question was first created. Russia also recently signed agreements with the EU to allow for monitoring of gas which transits from Russia to the EU via the Ukraine. My initial inclination is that this market should settle as NO.
Russia Signs Deal Opening Flow of Natural Gas:
http://www.youtube.com/watch?v=Cq5XYaP4HX4&feature=fvw
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: Russia did not defeat Ukraine in arbitration, but instead the two parties worked out other arrangements. This results in a NO settlement.
It would seem that an arrangement has been worked out that did not require arbitration. Payments are being made so arbitration is not needed at this time.
From reports on August 6:
"Russian gas firm OAO Gazprom (GAZP.RS) Thursday confirmed Ukraine's state gas company Naftogaz has paid in full for gas supplied in July.
Ukrainian Prime Minister Yulia Tymoshenko said Wednesday the government had transferred $605 million to Gazprom."
http://online.wsj.com/article/BT-CO-20090806-703079.html
Suspend date: Sat 4th Jul 3:59pm PST
Settlement date: Sat 8th Aug 3:49am PST
Prediction cut-off: Predictions on this question after Sat 4th Jul 3:59pm PST have been voided because they were made after the question could be settled details 
Get widget!Predictions (23)
abysscuria
predicted Yes (H$50 at 31%)
predicted No (H$50 at 69%)
kruijs![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
Comments (4)
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Russia Signs Deal Opening Flow of Natural Gas:
http://www.youtube.com/watch?v=Cq5XYaP4HX4&feature=fvw
Russia Ukraine Gas Dispute Analysis:
http://www.youtube.com/watch?v=HsJJsdYgO1Y
Thank you to everyone who participated in this market for your patience as the process of settlement progresses.
From reports on August 6:
"Russian gas firm OAO Gazprom (GAZP.RS) Thursday confirmed Ukraine's state gas company Naftogaz has paid in full for gas supplied in July.
Ukrainian Prime Minister Yulia Tymoshenko said Wednesday the government had transferred $605 million to Gazprom."
http://online.wsj.com/article/BT-CO-20090806-703079.html
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