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Kazakhstan Court Allows Seizure of Gazprom Assets

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A court in Kazakhstan has permitted the forced seizure of $1.4 billion in assets belonging to Gazprom. A court in Kazakhstan has ordered the forced recovery of $1.4 billion from Gazprom in favor of Naftogaz. This ruling stems from an international arbitration decision and marks the first public foreign court decision enabling such recovery.

Topics

asset seizure legal disputes natural gas

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