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Kazakhstan Court Lets Naftogaz Enforce $1.4 Billion Arbitration Award Against Gazprom

The ruling allows Naftogaz to seek compulsory recovery in Kazakhstan and could strengthen its push to seize Gazprom assets in other countries.

Overview

  • A court at the International Financial Centre Astana recognized the international arbitration award and authorized its enforcement in Kazakhstan, clearing the way for Naftogaz to pursue about $1.4 billion from Gazprom.
  • The payment claim stems from a 2025 arbitration heard in Switzerland that ordered Gazprom to pay roughly $1.37 billion for unpaid gas transit services through Ukraine, a dispute launched by Naftogaz in 2022.
  • Naftogaz says Gazprom has not paid voluntarily, so the company is running a cross‑border campaign to locate and seize Gazprom assets in multiple jurisdictions to satisfy the award.
  • Naftogaz CEO Serhii Koretskyi described the Astana decision as the first public foreign court approval for enforcing this award and credited the legal team for persistent work on the case.
  • The ruling has both financial and wider consequences because enforcing the award could shift where Gazprom holds recoverable assets and may affect commercial ties and gas transit arrangements in the region; watch for new enforcement filings and asset seizures in other countries.