International arbitration News, analytics and practice

22Oct/140

Ukraine is awaiting the ruling of the Stockholm arbitration court in the gas dispute

Ukraine is awaiting the ruling of the Stockholm arbitration court concerning the temporary gas price in the gas dispute with Russia to appear late in November 2014, Ukrainian Prime Minister Arseniy Yatsenyuk has said.

Ukrainian state-run energy firm Naftogaz and Russian state-controlled gas firm Gazprom have both lodged cases with the Stockholm arbitration tribunal to review their gas transit contracts. All debt payments, on which Russia has been insisting, will be made only after a verdict from the International Court of Arbitration in Stockholm - (Reuters).