"Naftogaz of Ukraine" commented on the decision of the court in the proceedings with Gazprom

In "Naftogaz" has responded to the suspension by the High court of England and Wales the proceedings on the dispute With Gazprom.

As highlighted in the report on the Internet representation of the organization, the execution of the decision of the Stockholm arbitration will be after the verdict, the district court of Appeal of Svea (Sweden) "Under the condition that "Gazprom" certain actions ".

Among them, additional obligations neocryte and not provable assets from the jurisdiction of England and Netherlands, as well as the provision of cash collateral in the form of guarantees implementation of requirements of the court.

"If" Gazprom " will evade the decision of the English commercial court, it will be used punishment as fines or prosecution under the criminal code of Directors or other officials of Gazprom. For its part, Naftogaz will be able to continue the implementation of the decision of the Stockholm arbitration within England and Wales, " according to the report.

before the High court of England and Wales at the time stopped the case on the recognition and enforcement within the country the decision of the Stockholm arbitration on the dispute between "Gazprom" and " Naftogaz ". The trial will proceed after the verdict of the district court of Appeal of Svea. The decision of the court in England was made fifteen of March.

in early March, 2018 the Stockholm arbitration court satisfied the claim of "Naftogaz" to "Gazprom" on the claim for gas transit in the amount of 4, 673 billion. Given the first awarded in favor of "Gazprom", the amount of the contract for production and delivery, the arbitrators made an offsetting. In the end, the Russian Firm should pay the Ukrainian 2, 56 billion.

Gazprom has appealed the decision in the Swedish district court of Svea, and also announced the termination of contracts With the Ukrainian side.

While Kiev tries to recover From "Gazprom" of funds in different countries. At the request of "Naftogaz" in the summer of 2018, the High court of England and Wales has taken to arrest the assets of Russian organizations within the country, however, in September, cancelled it under the obligation concern not to alienate the shares of Nord Stream AG until the completion of the hearing.



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sections: Politics