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Swiss Court Orders Gazprom to Pay $1.4 Billion to Ukraine

3/14/2026

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Story summary
  • On March 13, 2026, a Swiss court upheld a June 2025 arbitration ruling, ordering Gazprom to pay Naftogaz of Ukraine over $1.4 billion in unpaid transit fees.
  • Naftogaz of Ukraine CEO Serhii Koretskyi announced immediate enforcement actions against Gazprom assets outside Russia.
  • Naftogaz aims to recover $6.9 billion from Gazprom, with enforcement proceedings active in multiple jurisdictions.