Naftogaz: the Court resumed its recovery from Gazprom $2.6 billion

Нафтогаз: Суд возобновил взыскание с Газпрома $2,6 млрд

Naftogaz said about the success in court confrontation with Gazprom

Now Gazprom must immediately implement the decision of the Stockholm arbitration claim in the NAC.

The court of appeals in Sweden has overturned the suspension of the arbitration, according to which Russian Gazprom to pay Naftogaz $2.6 billion.

This was announced by chief commercial officer of Naftogaz Yuriy Vitrenko on his page on Facebook on Thursday, September 13.

“The court of appeal in Sweden has considered our arguments and reversed its decision to suspend enforcement in Sweden the arbitration award, under which Gazprom must pay us more than $2.6 billion”, – he wrote.

Commercial Director of Naftogaz noted that Gazprom must immediately comply with the arbitration decision.

“Well, as long as we continue enforcement in all countries,” – said Vitrenko.

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.

Then the Ukrainian company said 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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