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Lithuania finally lost the dispute with Gazprom for € 1.4 billion

2020-02-17T15:02:49.203Z

Lithuania in the last instance - the Supreme Court of Sweden (HSS) - lost the case of financial claims against Gazprom in the amount of € 1.4 billion. This was reported by BNS agency with reference to the Ministry of Energy of the Republic.



As noted, the Supreme Court rejected the request to reconsider the decision of the Swedish Court of Appeal, which upheld the 2016 Stockholm arbitration order.

The ministry estimated the legal costs of the Lithuanian side at almost € 10.5 million.

The lawsuit lasted almost eight years. Vilnius claims that the Russian company allegedly overestimated prices for the supply of raw materials from 2004 to 2012.

Source: russiart

Life/Entertain 2020-02-18T17:07:11.910Z
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