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British Court Freezes Gazprom Assets For Payment To Ukraine

The Commercial court in London today gave long-awaited orders to freeze assets of Gazprom in the UK for payment to Ukrainian gas company Naftogaz to settle a recent Stockholm Arbitration award.

  • Tsarizm

“Naftogaz today served Gazprom with an order to freeze assets in England and Wales.

Tsar 1aThe order was issued by the Commercial Court in London on June 18, 2018 to enforce the Stockholm arbitration award, whereby Gazprom owes Naftogaz $2.6 bln.

In addition to freezing assets, it requires Gazprom to provide Naftogaz with a list of all assets with a…

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