Kazakhstan Refuses to Enforce $1.4 Billion Naftogaz Claim Against Gazprom

Kazakhstan Refuses to Enforce $1.4 Billion Naftogaz Claim Against Gazprom

Kazakhstan blocked enforcement of Naftogaz's $1.4B arbitration award against Gazprom, ruling the AIFC court had no jurisdiction over the Russia-Ukraine gas dispute. Ukraine's asset recovery campaign against Russian entities is now effectively confined to Western jurisdictions, where enforcement against state-owned companies remains slow and contested.