Ukraine’s Naftogaz said on Tuesday that a Dutch court had approved its petition to freeze Gazprom assets in the Netherlands as the Ukrainian company seeks to enforce the payment of the US$2.6 billion award it was handed by an arbitration court earlier this year over the payment dispute with the Russian gas giant. At the end of February, the Stockholm arbitration court ruled in favor of Naftogaz in the payment dispute with Gazprom, ordering the Russian company to pay Naftogaz US$2.56 billion for failing to supply Ukraine with the agreed amount of natural gas over a period of several years and also for failing to pay the full transit fees for the gas it did pump in that direction. On May 29, Gazprom said that it had appealed the ruling of the Swedish arbitration court, and said that it is “asking for a complete reversal.” The next day, Naftogaz […]