A court in Kazakhstan has allowed Naftogaz to recover $1.4 billion from Gazprom
The Court of the Astana International Financial Centre has authorised Naftogaz of Ukraine to enforce the recovery of approximately $1.4 billion from Gazprom within Kazakhstan.
Naftogaz stated that this is the first public foreign court ruling to recognise the arbitral award and permit its enforcement against Gazprom in a separate state.
Serhiy Koretskyi, Chairman of the Board of Naftogaz of Ukraine, said that the company would continue its efforts to recover funds in various jurisdictions.
“The court ruling in Kazakhstan is yet another practical result in the process of recovering funds from Gazprom. We are moving forward consistently and working to enforce the arbitral award in various jurisdictions,” Koretskyi noted.
Naftogaz’s interests in Kazakhstan are represented by the law firms ADL Disputes and Wikborg Rein.
The dispute between Naftogaz and Gazprom arose over a 2019 contract for the transit of Russian gas through Ukrainian territory. Following the outbreak of full-scale war in May 2022, transit via the ‘Sokhranivka’ entry point became impossible due to the actions of Russian occupation forces.
At the same time, Naftogaz continued to provide gas transportation services via the ‘Sudzha’ point. The company stated that Gazprom subsequently ceased to pay in full for the services under the contract.
In September 2022, Naftogaz initiated arbitration proceedings in Switzerland in accordance with the rules of the International Chamber of Commerce.
In June 2025, an arbitration tribunal in Switzerland found Gazprom fully liable for breach of contract and ordered the company to pay the debt for gas transportation services, interest and arbitration costs.
Gazprom attempted to appeal this decision, but in January 2026 the Swiss Federal Tribunal definitively upheld it.
As the Russian company did not voluntarily comply with the arbitration ruling, Naftogaz launched an international campaign to seize Gazprom’s assets in various countries.
According to Reuters estimates, since the start of the war, the total value of claims by Gazprom’s former partners against the Russian company has reached at least €19.5 billion.
Lawsuits against Gazprom have been filed by, among others, Finland’s Gasum, France’s Engie, Italy’s Eni, Slovakia’s ZSE Energia, Austria’s OMV, Germany’s RWE and Unipro, the Czech Republic’s Net4gas and Innogy Energie, the Netherlands’ Gasunie Transport Services and BBL Company V.O.F, Switzerland’s DXT Commodities and Greece’s DEPA.
