
Kazakhstan Refuses to Enforce $1.4 Billion Naftogaz Award Against Gazprom
Kazakhstan's Justice Minister announced that the country will not enforce a ruling allowing Ukraine's Naftogaz to collect $1.4 billion from Russia's Gazprom. This decision impacts the arbitration award against the Russian energy giant.
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Kazakhstan Will Not Enforce $1.4Bln Naftogaz Arbitration Award Against Gazprom, Justice Minister Says
Justice Minister Erlan Sarsembayev said a ruling by a court at the Astana International Financial Centre falls outside of the country’s legal jurisdiction.
Read full article →Kazakhstan will not enforce ruling allowing Ukraine’s Naftogaz to collect $1.4 billion from Russia’s Gazprom, Justice Minister says
Kazakhstan will not enforce a ruling by the Astana International Financial Centre court that recognized Ukraine’s Naftogaz’s right to collect $1.4 billion from Russia’s Gazprom, Justice Minister Yerlan Sarsenbaev said.
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