Policy & Regulation

Sweden confirms Stockholm ruling in Naftogaz-Gazprom dispute

A court of appeal in Sweden has cancelled the suspension of the Stockholm arbitration court’s decision on the gas transit dispute between Gazprom and Naftogaz Ukrainy
By Staff reporter 14 September 2018 0 32544

A court of appeal in Sweden has cancelled the suspension of the Stockholm arbitration court’s decision on the gas transit dispute between Gazprom and Naftogaz Ukrainy and confirmed the obligation for the Russian company to pay more than $2.6 billion, Naftogaz Chief Commercial Officer Yuriy Vitrenko has said on Facebook.

“The court of appeal in Sweden has considered our arguments and cancelled its decision to suspend the enforcement in Sweden of the arbitration decision, according to which Gazprom must pay us more than...