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V. Bernatonis, Counsel of the State: in the arbitration proceedings Gazprom has failed to suspend the investigation of the activities of Lietuvos Dujos

TARK GRUNTE SUTKIENE partner Vilius Bernatonis, representing Lithuania in the Arbitration Court in Stockholm, comments on the judgement concerning the right of Lithuania to start an investigation of the activities of Lietuvos Dujos, which was not in breach of the Shareholders’ Agreement, says portal Alfa.lt.

“One of the fundamental demands by Gazprom was to acknowledge that the State’s actions in initiating an investigation of the activities of Lietuvos Dujos were illegal and infringed the Shareholders’ Agreement. The Russian concern demanded that Lithuania be obliged to stop the investigation of the company’s activities. However, the arbitration has not imposed such an obligation”, V. Bernatonis told BNS.

The full text of the article (in Lithuanian) is available here.