Gazprom to pay out on billion-dollar gas price award

Russia’s Gazprom has agreed to repay US$1.5 billion to Poland’s state gas utility PGNiG to comply with an award in a gas price review arbitration but says it will continue with efforts to challenge the outcome in the Swedish courts as well as pursuing further price renegotiations.

Original article by Jack Ballantyne, published in “Global Arbitration Review” on 14 June 2020

https://globalarbitrationreview.com/article/1227934/gazprom-to-pay-out-on-billion-dollar-gas-price-award