In “Gazprom” do not recognize the victory of “Naftogaz” in the gas dispute and wait for the “final” decision
Yesterday, may 31, the Tribunal of the Arbitration Institute of Stockholm chamber of Commerce has announced the first standalone solution in the dispute between “Naftogaz of Ukraine” and Russian “Gazprom” regarding the contract for the supply of gas to Ukraine from 2009. “In particular, the Tribunal fully dismissed the claims of “Gazprom” concerning the application of the principle of “take or pay” and to satisfy the requirement of “Naftogaz” on the revision of contract prices with market conditions. Furthermore, the […]
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