Naftogaz is “very optimistic” that it will soon recover from Gazprom last year’s $2.6 billion settlement imposed by the Stockholm arbitration court

Friday, January 18, 2019
Naftogaz is “very optimistic” that it will soon recover from Gazprom last year’s $2.6 billion settlement imposed by the Stockholm arbitration court

Naftogaz is “very optimistic” that it will soon recover from Gazprom last year’s $2.6 billion settlement imposed by the Stockholm arbitration court, Andriy Kobolyev, Naftogaz CEO tells Novoye Vremya magazine. Noting that Naftogaz has filed law suits in six countries, he said: “In three of them – in the Netherlands, Switzerland and the UK – we will soon have a hearing on forced sales.” He added: “Gazprom has overseas assets worth tens of billions of dollars. We have already arrested them for an amount in excess of the amount of Gazprom’s debt to us. I think it’s realistic to do this in about a year.”

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