London’s Commercial Court ordered Gazprom to freeze all its assets in the UK and to provide Naftogaz with a list of assets worth more than $50,000
Wednesday, June 20, 2018

London’s Commercial Court ordered Gazprom to freeze all its assets in the UK and to provide Naftogaz with a list of assets worth more than $50,000

London’s Commercial Court ordered Gazprom to freeze all its assets in the UK and to provide Naftogaz with a list of assets worth more than $50,000, Ukraine’s state energy company reports. Naftogaz also instructed 17 banks that deal with Gazprom in Britain that they are not to help Russia’s state gas company reduce its assets in Britain. In February, the Arbitration Institute of the Stockholm Chamber of Commerce ordered Gazprom to pay Naftogaz $2.6 billion. Gazprom responded Tuesday saying that the London court ignores a stay of execution of the judgment won last week by Gazprom in Sweden.

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