Naftogaz says Swiss court resumes arrest of Nord Stream shares
KIEV, Jul 4 (PRIME) -- A Swiss court has resumed arrest of Russian gas giant GazpromТs shares in Nord Stream AG and Nord Stream 2 AG, Ukrainian energy holding Naftogaz Ukrainy said in a statement on Wednesday.
УThe Supreme Court of SwitzerlandТs Canton of Zug has resumed arrest on shares of Nord Stream AG and Nord Stream 2 AG, which belong to Gazprom. The assets will remain under arrest for the time of consideration of an appeal by Naftogaz Ukrainy against a decision to remove arrest from these stakes made earlier by a local debt reclaim authority,Ф Naftogaz Ukrainy 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 in June that a court of appeals suspended the ruling and that the company would use the decision as a ground to contest property seizure under the case in Switzerland and the Netherlands. Naftogaz Ukrainy is trying to enforce the arrest.