Date: 3 months ago   Category: Energy

The Swiss court has forbidden Nord Stream and Nord Stream 2 payments to Gazprom — Rambler News Service


Photo: www.globallookpress.com/Jörg Carstensen Court in Switzerland has forbidden Nord Stream AG and Nord Stream 2 AG to carry out any payments to Gazprom, is reported in the avenue to issue of eurobonds of the company, RIA Novosti reports. The court has made such decision upon the demand of Naftogaz of Ukraine within interim measures. Follows from him that all payments of the Nord Stream AG and Nord Stream 2 AG companies which have been intended to Gazprom are redirected to the Swiss police officers. Earlier it was reported that in Sweden within the appeal of Gazprom on decisions of the Stockholm arbitration on a dispute with Ukrainian Naftogaz will undergo preliminary hearings in court of Svea on November 27. On February 28 the Stockholm arbitration has passed the final decision on arbitration trial between Gazprom and Naftogaz of Ukraine under the contract for transit of gas through the territory of Ukraine. From the monetary requirements stated by Naftogaz of $17 billion arbitrators have met requirements of the sum of $4,673 billion in connection with supply of gas for his transit to the European consumers in smaller volume, than it has been provided by the contract. Taking into account the sum which is earlier awarded in favor of Gazprom according to the contract for delivery of gas, arbitrators have made offset of counterclaims, following the results of which Gazprom is obliged to pay Naftogaz $2,56 billion, Gazprom has appealed on March 29, 2018 to Court of Appeal of the Swedish 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.

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