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Išbandyti
2012 07 31

Stockholm arbitration turns down Gazprom's claims against Lithuania

The Stockholm Arbitration Institute turned down claims by Russia’s gas giant Gazprom against Lithuania.
„Gazprom“
„Gazprom“ / „RIA Novosti“/„Scanpix“

This way, the institute validated the right of Lithuania’s government to initiate a probe into the activities of Lietuvos Dujos (Lithuanian Gas) at the Vilnius Regional Court and turned down all Gazprom’s claims for the compensation of losses, the Energy Ministry said in a press release on Tuesday.

Gazprom holds a 37.06 percent stake in Lietuvos Dujos, while E.ON Ruhrgas International owns 38.9 percent of shares in the Lithuanian gas imports and transportation company. The Lithuanian government owns 17.70 percent of Lietuvos Dujos, which is listed on the blue-chip Main List of the NASDAQ OMX Vilnius stock exchange.

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