Oral hearings in litigation between Naftogaz and Gazprom in Stockholm completed

17.10.2016, 10:45:00

Oral hearings in the consolidated case initiated by mutual claims of Ukrainian Naftogaz and Russian Gazprom concerning the gas supply contract have been completed. The hearings were conducted between 25 September and 11 October 2016.

The parties presented their legal opinions and cross-examined witnesses and experts. The parties are expected to send their post-hearing briefs to the court in November.

The Arbitration Institute of the Stockholm Chamber of Commerce is to make its final decision on the gas supply contract by 31 March 2017.

The oral hearings on the transit contract will begin in Stockholm at the end of this November.