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The Nexus
BUSINESSMay 20 · 19:42 UTCKYIV POSTOlena Hrazhdan

Kazakhstan Allows Naftogaz to Enforce $1.4 Billion Arbitration Award Against Russia’s Gazprom

Kazakhstan's Astana International Financial Centre Court has recognized a Swiss arbitration ruling requiring Russia's Gazprom to pay Ukraine's Naftogaz $1.4 billion for unpaid gas transit services. This marks the first foreign court enforcement of the award. Naftogaz is pursuing asset recovery across multiple jurisdictions as Gazprom continues to refuse payment.

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