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Ukraine-Russia gas dispute: Swedish court's decision lifts risk of assets seizure, - Gazprom

The Ukrainian side cannot freeze Gazprom's assets, the Russian company claims
11:12, 15 June 2018

hyser.com.ua

The decision of the Swedish appeal court, which suspends the charge of USD 2.6 billion in favor of Naftogaz-Ukraine, takes away the risk that foreign assets of Gazprom company will be seized. Kommersant outlet reported this, referring to its sources in the Russian energy monopolist.

According to Gazprom, Naftogaz lost the opportunity to freeze the assets of Gazprom, located abroad, and the chances for further assets seizure have dropped significantly.

Earlier, The Appeal Court of Svea district in Sweden suspended the decision of the Stockholm arbitrary court in the Gazprom-Naftogaz dispute about gas transit contract. Interfax news agency reported this on Thursday.

According to the medium, Gazprom said it turned to the Appeal Court, asking to appeal the arbitrary decision about the transit contract.

Related: Swedish court suspends decision in Gazprom-Naftogaz dispute, Ukrainian side protests

'The Appeal Court agreed that there are enough reasons to suspend the decision of the Stockholm arbitrary. Making such decision leaves NJSC Naftogaz Ukraine without mechanisms to seize Gazprom's assets abroad. Gazprom will use this circumstance during the appeal of the actions of tipstaffs in Switzerland and the Netherlands', the Russian company said as quoted by Interfax.

According to the Swedish law, the order of the appeal court cannot be appealed.

Related: Corruption in Gazprom as an instrument for fighting Russia

The Ukrainian side reported it would file counter-arguments in this case. Naftogaz insists that the decision was made without calling the company - consequently, without taking into account the Ukrainian side's explanations and arguments. The Appeal Court of Svea district did not notify Naftogaz about the claim filed by the Russian company.

'This decision is a temporary one. In the near time, the company will file its explanations and counter-arguments, expecting that the court will take them into account and cancel the decision about the suspension', the message says.

Related: Nord Stream 2 will destroy competition on European gas market, - Naftogaz

Related: Naftogaz Group illegally engaged in shipment of gas extracted by the state

Related: Naftogaz-Ukraine doubts Gazprom’s allegations of external influence over the arbitrary ruling

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