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Court Upholds Ruling on Gazprom OAO's Take-or-Pay Claim against RWE AG's RWE Transgas-Interfax

Monday, 15 Jul 2013 08:55am EDT 

Interfax reported that the Vienna Commercial Court has upheld a ruling by an international arbitration tribunal in Vienna in October 2012 concerning a claim filed by LLC Gazprom Export against RWE AG's RWE Transgas related to take-or-pay obligations in gas supplies to the Czech Republic, Gazprom OAO said in a Eurobond prospectus. Gazprom OAO will appeal the ruling with a higher jurisdiction, the Higher Provincial Court in Vienna. 

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