Gazprom announced a new success in court with Naftogaz

Газпром заявил о новом успехе в суде с Нафтогазом

Naftogaz tried to appeal the court order, but the Swedish court found its arguments insolvent, according to the Russian company.

Court of appeals district of Svea in Sweden decided to leave in force its order of June 13, on the suspension of execution of the decision of the Stockholm arbitration, dated 28 February, in a dispute between Gazprom and Naftogaz under the contract on gas transit through the territory of Ukraine.

About it reports Interfax with reference to the Gazprom on Thursday, June 28.

“Naftogaz of Ukraine tried to appeal against this writ, but the court found his arguments insolvent”, – stated in the message.

In Gazprom consider that this circumstance enhances their position “in appeals against the attempts of Naftogaz of Ukraine referred to enforce the arbitral decision in various countries.”

It is also noted that Gazprom will continue to “protect their rights in accordance with applicable law.”

We will remind, on June 14 the court of Appeal of Svea, the Swedish district suspended execution of the decision of the Stockholm arbitration in the losing Gazprom’s dispute with Naftogaz.

In Ukrainian companies believe that Gazprom intends to delay the process not to pay Naftogaz $2.6 billion And the appeals process can drag on for years.

The court in London was allowed to freeze the assets of Gazprom in the UK at the request of Naftogaz, despite the court’s decision in Sweden.

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