Sweden’s Svea Court of Appeal has withdrawn a temporary stay on the Stockholm arbitration ruling in accordance with which Gazprom must pay Naftogaz Ukrainy $2.6 billion, Naftogaz Chief Commercial Officer Yuriy Vitrenko said on his Facebook page.
“The Swedish appeals court has considered our arguments and withdrawn its decision temporarily staying the obligatory execution in Sweden of the arbitration decision, consistent with which Gazprom must pay us more than $2.6 billion,” he said.
