Kiev contests suspension of Stockholm court ruling on Gazprom - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Kiev contests suspension of Stockholm court ruling on Gazprom

KIEV, Jun 18 (PRIME) -- Ukrainian state energy holding Naftogaz Ukrainy has sent counter-arguments against suspension of a ruling by the Stockholm arbitration court in a case against Russian gas giant Gazprom, CFO of the Ukrainian company Yury Vitrenko said in a post on his Facebook account on Monday.

УWe have made representations in the court of appeals of Sweden, which is considering the appeal (by Gazprom) against the (Stockholm) arbitration ruling,Ф Vitrenko said.

The Stockholm arbitration court ruled earlier in 2018 that Gazprom must pay Naftogaz Ukrainy U.S. $2.56 billion for non-shipment of gas. Gazprom said that the decision led to an imbalance in relations of the companies and requested termination of gas transit and delivery contracts with Ukraine.

Gazprom said on June 14 that a court of appeals suspended a ruling of the Stockholm arbitration court in a gas transit case with Ukraine. The company will use the decision as a ground to contest property seizure under the case in Switzerland and the Netherlands.

Ukrainian President Pyotr Poroshenko said in May that Ukraine had started to enforce the payment under the courtТs ruling in Switzerland, the U.K., and the Netherlands. Later, Naftogaz Ukrainy CCO Yury Vitrenko said that the company started the process with GazpromТs shares in Nord Stream AG and Nord Stream 2 AG.

End

18.06.2018 12:30
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.8574 -0.1540 16 jul
USD 62.8280 -0.1924 16 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1386.52 -0.10 18:50 15 jul
micex 2756.44 -0.76 18:50 15 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 240.30 -2.12 18:49 15 jul
lkoh 5178.50 -1.61 18:49 15 jul
rosn 418.40 -0.20 18:49 15 jul
sber 235.27 -0.74 18:49 15 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.5200 -0.3700 14:59 15 jul
USDTD 62.6575 -0.5000 17:44 15 jul