US EditionNaftogaz Wins $1.37 Billion In Arbitration Against Gazprom
- Naftogaz Group won $1.37 billion in arbitration against Gazprom, as reported by Chief Executive Officer Sergii Koretskyi on Facebook.
- The arbitration tribunal ruled in favor of Naftogaz, citing Gazprom's violation of obligations under their contract since May 2022.
- Naftogaz plans to enforce the ruling by seeking asset recovery from Gazprom if it fails to comply voluntarily.
- Naftogaz continues to pursue a separate $5 billion enforcement process for assets expropriated in Crimea, with initial successes in Finland and France.
11 Articles
11 Articles
Naftogaz seeks $1.37 billion from Russia’s Gazprom following arbitration victory
Ukraine’s national oil and gas company Naftogaz has submitted a payment demand to Russia's Gazprom, claiming $1.37 billion in line with a final arbitration decision from Zurich, dated June 20, 2025, as announced by Naftogaz's press service on Tuesday, June 24. The Ukrainian energy company states that the figure covers the principal debt for gas transit services under a 2019 agreement, penalty fees, and legal expenses incurred by Naftogaz. "If Ga…
Naftogaz announced the victory in the "Preservation": the national company is waiting for a billion from Gazprom: EADaily
EADaily, June 24th, 2025. Naftogaz has announced victory in Swiss arbitration in a lawsuit against Gazprom. We are talking about the transit of gas through the Sokhranovka point, which Ukraine stopped, and the Russian company refused to recognize force majeure and stopped payments.
This is reported by the press service of Naftogaz. It is specified that the amount includes the principal debt for services for the organization of gas transit in accordance with the 2019 agreement, penalties and compensation of all legal costs. If Gazprom refuses to comply with the decision voluntarily, Naftogaz will begin the implementation of the strategy of forcible recovery of the assets of the Russian company.Currently, the process of enfo…
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