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Kazakhstan court overturns ruling allowing Ukraine's Naftogaz to collect $1.4 billion from Gazprom

A Kazakhstan court at the Astana International Financial Center (AIFC) has overturned a previous ruling that would have allowed Ukraine's Naftogaz to collect approximately $1.4 billion from Russia's Gazprom. The court ruled on July 7 that the case fell outside its jurisdiction, setting aside an earlier decision from May 2026. The dispute stems from Naftogaz launching proceedings against Gazprom in 2022 after the Russian company allegedly refused to fully pay Naftogaz, adding another layer to the ongoing legal and energy tensions between Ukraine and Russia.

Abbey Fenbert7h ago2 min readenNews
Read on kyivindependent.com

Key quotes

A Kazakhstan court has overturned a previous ruling recognizing and enforcing the recovery of approximately $1.4 billion from the Russian gas giant Gazprom in favor of the Ukrainian state-owned energy company Naftogaz
The Court of the Astana International Financial Center (AIFC) ruled on July 7 that the case fell outside its jurisdiction, setting aside an earlier decision in May 2026
Naftogaz launched proceedings against Gazprom in 2022, after the Russian company refused to fully pay

From the article

A Kazakhstan court has overturned a previous ruling recognizing and enforcing the recovery of approximately $1.4 billion from the Russian gas giant Gazprom in favor of Ukraine's Naftogaz.
Continue reading on The Kyiv Independent

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