Polish state-run oil and gas company PGNiG said at the end of last month that Russia’s Gazprom would have to pay it back that sum following a decision by an arbitration court in Stockholm. The ruling came in a case over a pricing dispute that began in November 2014.
“The case of Ukraine’s Naftogaz, which won USD 2.6 bln [in a commercial dispute] with Gazprom, showed that by carrying out a tough recovery procedure it is possible to obtain money” awarded by a court, Polish Deputy Minister for State Assets Janusz Kowalski told daily Gazeta Polska Codziennie in an interview, quoted by public broadcaster Polish Radio.
Kowalski said that “The Ukrainians, after a ruling in their favor, began to seize assets of the Russian group in Europe. This path proved effective. That’s why we will also go down this road.”
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