Ukraine’s state-owned energy firm Naftogaz will go to court to try to seize Gazprom’s assets in Europe after the Russian energy firm failed to make a payment ordered by an international tribunal, Naftogaz’s deputy chief said April 9.
Gazprom is refusing to pay Naftogaz more than $2.5 billion under a Stockholm arbitration ruling meant to conclude a long legal battle that has run alongside Ukraine’s broader political stand-off with Russia.