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RUSSIA

Gazprom appeals Swedish arbitration court’s ruling

Russian gas giant Gazprom has appealed a Swedish arbitration court ruling that ordered it to pay more than $2.5 billion to Ukraine's gas firm Naftogaz.

Gazprom appeals Swedish arbitration court's ruling
The dispute dates back several years. Photo: AP Photo/Bela Szandelszky

“On March 21st Gazprom filed a request to the Court of Appeals in the Svea District to partially annul the final arbitration ruling with Naftogaz Ukraine on the subject of deliveries” of gas, the firm said in a statement on Thursday.

It said the appeal was motivated by errors of procedure and abuses committed by the arbitrators.

Last month the Stockholm Arbitration Court ordered Gazprom to pay $2.56 billion to Naftogaz to settle all of their legal disputes and ordered the resumption of deliveries of Russian gas to Ukraine.

The two companies had demanded tens of billions of dollars from each other in a dispute over an expensive 10-year contract Ukraine signed in 2009 after Gazprom cut its deliveries in the middle of the winter.

Gazprom refused to restart deliveries as ordered at the beginning of March and had indicated it planned to appeal the ruling.

Moscow and Kiev have had a number of disputes over gas supplies in recent years, some of which led to reductions in supplies to other European countries via pipelines that transit Ukraine.

Roughly 15 percent of the gas Europe buys from Russia is transported through Ukraine. 

RUSSIA

Russia announces no New Year’s greetings for France, US, Germany

US President Joe Biden, France's Emmanuel Macron and German Chancellor Olaf Scholz will not be receiving New Year's greetings from Russian leader Vladimir Putin, the Kremlin said on Friday.

Russia announces no New Year's greetings for France, US, Germany

As the world gears up to ring in the New Year this weekend, Putin sent congratulatory messages to the leaders of Kremlin-friendly countries including Turkey, Syria, Venezuela and China.

But Putin will not wish a happy New Year to the leaders of the United States, France and Germany, countries that have piled unprecedented sanctions on Moscow over Putin’s assault on Ukraine.

“We currently have no contact with them,” Kremlin spokesman Dmitry Peskov told reporters.

“And the president will not congratulate them given the unfriendly actions that they are taking on a continuous basis,” he added.

Putin shocked the world by sending troops to pro-Western Ukraine on February 24.

While Kyiv’s Western allies refused to send troops to Ukraine, they have been supplying the ex-Soviet country with weapons in a show of support that has seen Moscow suffer humiliating setbacks on the battlefield.

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