Naftogaz said that the Kazakh court allowed the compulsory recovery of Gazprom's local assets as part of an international arbitration decision. The amount is $ 1.4 billion.
"A court in Kazakhstan has allowed the forced recovery of $ 1.4 billion from Gazprom in favor of Naftogaz," the Ukrainian national company reports.
They stated that the court of the Astana International Financial Center recognized the arbitration award and allowed its execution in the country in favor of the company.
"This is the first public foreign court decision to recognize and grant permission for the enforcement of this arbitration award against Gazprom on the territory of a separate state," Naftogaz said.
The interests of the Ukrainian national company in Kazakhstan are represented by advisers from the law firms ADL Disputes and Wikborg Rein.
Earlier, in March, Naftogaz said that the Swiss Supreme Court refused Gazprom to challenge the decision of the international arbitration court on the transit contract dispute. It obliges the Russian company to pay $ 1.37 billion to the Ukrainian side.
The dispute concerns a transit contract that ended at the end of 2024, after which Kiev stopped transporting Russian gas to Europe.
Naftogaz accused Gazprom of not paying for the transit in full. The essence of the dispute concerned the transit of gas through the point "Sokhranovka". He came under the control of the Russian army, and the "Ukrainian GTS Operator" announced force majeure in May 2022, stopping transit along this route. Gazprom refused to recognize it and stopped paying for the volumes booked through Sokhranovka (37 million cubic meters per day) — $1.17 million per day.
Gazprom reported that in the current situation they do not count on a fair decision of international arbitrations and do not recognize their decisions.
The telegram channel "Oil and Gas of Kazakhstan" notes that Gazprom is given the right to file an application for cancellation of this order within 14 days from the date of delivery of this order to them: "If this does not happen, we can expect the seizure of Gazprom's bank accounts and assets in Kazakhstan".
It is known that Gazprom currently has a network of 70 filling stations in Kazakhstan through Gazprom Neft —Kazakhstan. Previously, there was a coal asset and a bitumen plant, but they were sold.
The main asset of the Russian company in the country — a 50% stake in KazRosGas LLP - may also be under threat. The company is engaged in the processing of Karachaganak gas for Orenburg GPP and its subsequent sale.
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