Luxembourg court obliges Gazprom to pay 2,6 billion dollars to Naftogaz
At the same time, the Ukrainian side turned to Luxembourg banks lending to Gazprom projects, setting itself the goal of freezing the assets of the Russian gas giant in Europe, primarily in Luxembourg itself. Gazprom filed a lawsuit in Luxembourg in the hope of challenging the measures taken by the Ukrainian side. The Ukrainian side at the same time stated that it was acting on the basis of a decision of the arbitration.
Initially, the Stockholm arbitration ordered Gazprom to pay Naftogaz 4,63 billion dollars for "short supply of gas for transit." Earlier, the court confirmed the Ukrainian side’s debt for gas supplies of approximately $ 2 billion. As a result, Gazprom, as decided in Europe, “owed” to Naftogaz the mentioned 2,6 billion.
The Russian company has expressed that they will continue to take measures to appeal this decision.
Moreover, in the expert environment, analyzing the actions of Naftogaz, they characterize it this way: they saw the branch on which they sit. Naftogaz, seeking billions of dollars in compensation from Russian Gazprom for Russian gas, is also trying to get Gazprom to obtain a (long-term) contract that is beneficial to itself. Gazprom hypothetically, of course, could pay Naftogaz these 2,6 billion, but only this could be the last profit of the Ukrainian oil and gas company ...
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