The Moscow Arbitration Court on Wednesday turned down a claim filed by a Russian subsidiary of Germany's Siemens Concern against two Rostec structures, LLC VO Technopromexport and OJSC Technopromexport, over Siemens turbines delivered to Russian-occupied Crimea, according to Russia's Prime business news agency.
Chief Commercial Officer of NJSC Naftogaz of Ukraine Yuriy Vitrenko says claims filed by his company against Russia's gas giant Gazprom as part of litigation on gas transit supplies, which is being considered by the Arbitration Institute of the Stockholm Chamber of Commerce, grow by $1 million to $3 million every day.
Deputy Board Chair at Gazprom PJSC, Alexander Medvedev, says that Ukrainian President Petro Poroshenko could have been misinformed on the decision by the Arbitration Institute of the Stockholm Chamber of Commerce on the dispute between Russia's gas monopoly Gazprom and Naftogaz of Ukraine, claiming that it has in fact been handed down in Russia's favor.
Chief Commercial Officer of national oil and gas holding Naftogaz of Ukraine Yuriy Vitrenko says the Arbitration Institute of the Stockholm Chamber of Commerce is to make final decisions by the end of November 2017 on mutual claims between NJSC Naftogaz of Ukraine and Russia's gas monopoly Gazprom in relation to two contracts for the purchase and transit of gas in 2009-2019.
The national oil and gas holding Naftogaz of Ukraine has lodged a lawsuit against Russia with the Permanent Court of Arbitration in The Hague (The Netherlands) demanding compensation of US$5 billion for damages the company suffered as a result of Russia's illegal seizure of its assets in Crimea, according to Naftogaz press service.
Ukrainian Deputy Foreign Minister for European integration Olena Zerkal says that the Arbitration Institute of the Stockholm Chamber of Commerce (SCC) may give its final verdict on a claim filed by NJSC Naftogaz of Ukraine against Russia's gas giant Gazprom under a 2009 gas purchase contract late in November, according to TV Channel 5.
Commercial Director of NJSC Naftogaz of Ukraine Yuriy Vitrenko does not rule out bankruptcy in case it loses its dispute with the Russian energy giant Gazprom in the Stockholm Arbitration Chamber, Novoye Vremia magazine reports.