Sweden’s Svea Court of Appeals on Wednesday satisfied a petition by Russia’s Gazprom

Friday, June 15, 2018
Sweden’s Svea Court of Appeals on Wednesday satisfied a petition by Russia’s Gazprom

Sweden’s Svea Court of Appeals on Wednesday satisfied a petition by Russia’s Gazprom and suspended execution of last February’s $2.6 billion award to Ukraine’s Naftogaz, made by the Arbitration Institute of the Stockholm Chamber of Commerce. Naftogaz said the decision was made without calling Naftogaz to court. Naftogaz said Thursday it would soon submit to the court its explanations and counter-arguments.

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