A Swiss court has banned any payments by the operators of the Nord Stream and Nord Stream 2 pipelines to Russia's Gazprom at the request of Ukraine's Naftogaz, the Russian company said on Friday.
"In particular, in Switzerland, temporary interim measures are imposed on payments to Gazprom by the Nord Stream AG and Nord Stream 2 AG companies. As a result of the ban, all payments from these companies to Gazprom are sent to Swiss bailiffs," the company said in the document on its Eurobonds.
"Gazprom disputes both the preliminary and the final decision of the arbitration on gas supplies in the court of Svea county [Sweden]. Preliminary hearings on appeal are scheduled for November 27," the document says.
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Gazprom said that these decisions created an imbalance in favor of Kiev, and announced intentions to appeal the court rulings as well as to terminate all existing contracts with Naftogaz.
The Nord Stream 2 is a joint venture of Russian energy giant Gazprom and five European companies — French Engie, Austrian OMV AG, UK-Dutch Royal Dutch Shell, and German Uniper and Wintershall.
