The Constitutional Court of Slovakia upheld the complaints of the NJSC ‘Naftogaz of Ukraine’ and found that the Ukrainian company had incurred unreasonable costs in enforcement proceedings in the Slovak Republic in a dispute with ‘Italia Ukraina Gas’ (IUGAS).
This was reported by UA with reference to the press service of the NJSC ‘Naftogaz of Ukraine’.
‘The decision of the Constitutional Court of Slovakia in favor of the ‘Naftogaz’ has come into force and is not subject to appeal. With this decision, the Constitutional Court of Slovakia overturned the decision of the District Court of Bratislava II to oblige the ‘Naftogaz’ to reimburse the costs of the alleged storage of gas in excess of 11.5 million euros. Thus, the District Court of Bratislava II is obliged to reconsider the complaints of the ‘Naftogaz’ regarding the illegal and unfair calculation of enforcement costs in view of the position of the Constitutional Court of Slovakia’ – the statement said.
In 2008, the ‘Italia Ukraina Gas’ accused Naftogaz of failing to fulfill its 2003 gas supply contract. In 2013, the Stockholm Arbitration Court ordered the ‘Naftogaz of Ukraine’ to fulfill the contract and supply the plaintiff with 13.1 billion cubic meters of gas at 2003 prices.