Contents tagged with lawsuit against Gazprom
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Ukraine’s Naftogaz announces victory over Russia’s Gazprom in transit case in Stockholm Arbitration
Naftogaz reported that it has successfully sued Gazprom for $4.63 billion in a transit dispute at an arbitration court in Stockholm. After deducting payment for already supplied gas, the Russian company must pay $2.56 billion.
The Arbitration Institute of the Stockholm Chamber of Commerce has partially complied with Naftogaz’s demands, ruling that Gazprom must pay Naftogaz $4.63 billion for its under-delivery according to the transit agreement.
“Naftogaz was awarded damages of USD 4.63 …