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Efforts To Enforce $2.6B Gas Row Award Halted In Sweden

Law360 (June 14, 2018, 5:59 PM EDT) -- A Swedish appeals court on Wednesday suspended the enforcement of a $2.56 billion arbitral award issued to Ukraine's national oil and gas company following a contract dispute with Russian natural gas giant Gazprom, though the Ukrainian company vowed on Thursday to challenge the ruling.

Gazprom said the Svea Court of Appeal granted its motion to suspend enforcement of the award, which had been issued in February to resolve a dispute with Ukraine's Naftogaz arising from Gazprom's alleged failure to deliver a minimum volume of gas between...
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