mo4ch:>Swiss court overturns arrest of Russia’s Gazprom assets which Ukraine claims were seized | Mo4ch News

Switzerland's high court has overruled an injunction blocking payments from the operators of the Nord Stream gas pipeline at the request of Ukrainian state gas firm Naftogaz, according to Russian energy giant Gazprom.The Stockholm arbitration court had previously ruled that all payments from Gazprom’s subsidiaries would be transferred to Swiss bailiffs.“On January 16, a court of the canton of Zug (Switzerland) decided to completely cancel its decision of May 29, 2018, on imposing interim measures in Switzerland against shares of Gazprom in Nord Stream AG and Nord Stream 2 AG and Gazprom's rights of claim against these companies,” Gazprom said.The latest court decision is a part of an ongoing litigation between Gazprom and Naftogaz that started back in 2014, when the two energy producers lodged mutual claims over supply and transit contracts.The news came shortly after the CEO of Ukraine’s Naftogaz Andrey Kobolev told journalists that Gazprom-owned assets had been arrested in t…