Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized

Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized

Switzerland's high court has overruled an injunction blocking payments from the operators of the Nord Stream gas pipeline at the request of Ukrainian state gas firm Naftogaz, according to Russian energy giant Gazprom, RT reports.

The Stockholm arbitration court had previously ruled that all payments from Gazprom’s subsidiaries would be transferred to Swiss bailiffs.

“On January 16, a court of the canton of Zug (Switzerland) decided to completely cancel its decision of May 29, 2018, on imposing interim measures in Switzerland against shares of Gazprom in Nord Stream AG and Nord Stream 2 AG and Gazprom's rights of claim against these companies,” Gazprom said.

3120 views





Populars