Date: 3 months ago   Category: Energy

The Swedish court has withdrawn the ban on arrest of assets of Gazprom within requirements of Naftogaz — Rambler News Service


The Swedish court has withdrawn the ban on arrest of assets of Gazprom within requirements of Naftogaz
Photo: Donat of Sorokin/TASS Court of Appeal of the district Svea (Sweden) has cancelled the previous decision on suspension of executive actions concerning the decision of the Stockholm arbitration on the transit contract between Naftogaz of Ukraine and Gazprom today, it is said in the statement of the Ukrainian company. "Thus, the court has eliminated an obstacle to collecting the rest of a debt to Gazprom of more than $2,6 billion & #39; & #39; Нафтогаз' & #39; continues process of collecting in all corresponding jurisdictions. & #39; & #39; Газпром' & #39; has an opportunity to stop these actions, having paid all amount of debt voluntarily", - it is said in the statement. As notes Naftogaz, the court has proved the decision as follows: "The cause from which there was a decision-making about suspension of executive actions, doesn't exist any more. Preliminary decisions on stay, respectively, are cancelled". In the decision the court has noted that it isn't subject to the appeal. According to Naftogaz, today's decision means that the court considers improbable success of Gazprom in the appeal on the decision of the Stockholm arbitration of rather transit contract with Naftogaz. This appeal is considered in the same court. As it was reported earlier, on February 28, 2018 the Stockholm arbitration has made the final decision on a dispute between Gazprom and Naftogaz of Ukraine within the contract for transit of gas through the territory of Ukraine. Gazprom has appealed on March 29, 2018 to Court of Appeal of the district Svea with the statement for contest of the final decision of February 28, 2018 and its partial cancellation. On May 28, 2018 Gazprom has filed a lawsuit the statement for full cancellation of the arbitral award. At the end of May — June, 2018 it became known that Naftogaz of Ukraine undertakes in the territory of Switzerland, the Netherlands and Great Britain actions for compulsory execution of the decision of the Stockholm arbitration within trial on the transit contract. On June 13 the Court of Appeal of the district Svea (Sweden) has made the decision on suspension of execution of the decision of the Stockholm arbitration of February 28, 2018 which couldn't be appealed according to the law of Sweden "About arbitration". On June 18 Naftogaz of Ukraine has presented the objections to this order and at the same time recognized itself notified on the case of the appeal of the decision of the Stockholm arbitration of February 28, 2018. On June 28 Gazprom has reported that the Court of Appeal of the district Svea (Sweden) has refused to Naftogaz cancellation of a stop of execution of the decision of the Stockholm arbitration.

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