Kazakh court annuls ruling to seize $1.4 billion from Gazprom in favor of Naftogaz
A Kazakh court has annulled the ruling to seize $1.4 billion from Gazprom in favor of Naftogaz 🇰🇿🇺🇦. Previously, the AIFC court allowed the enforcement of the arbitral award, but it has now lost its legal force. The Kazakh Ministry of Justice had previously stated it would not enforce it due to lack of jurisdiction and the Russian side's non-participation. ⚖️💸
Read more →