Kazakhstan court rules in favor of Naftogaz, orders Gazprom to pay $1.4 billion

Summary

A court in Kazakhstan has upheld a $1.4 billion arbitration award against Gazprom in favor of Naftogaz. The ruling mandates Gazprom to pay over $1.13 billion plus nearly $300 million in interest and court costs. This decision marks the first global court ruling to support the ICC arbitration award from 2025.

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