The Turkmenistan government, represented by the Turkmenchimi State Media, estimated the damage from cooperation with Belgorkimprom OJSC of $ 911 million. It became known about closed documents that were at the disposal of Turkmen.News.
According to data on May 28, 2018, the agreement between the Turkmenchimi and Belgorkimprom Group of Companies was terminated unilaterally by Turkmenistan, and in December a lawsuit was filed for consideration in Stockholm arbitration. Based on the technical and financial audit conducted by SRK Consulting and PriceWaterhouseCoopers, Squire Patton Boggs lawyers filed a lawsuit against Belgorkimprom in the amount of $ 911 million. At the same time, the cost of the construction of the Garlyk mining and processing plant, which was erected by the Belgorchimpris, which raised the Belgorchimalm. $ 1 billion. According to the publication, according to the documents, the Belarusian side rejected the Turkmen claims and on December 21, 2020 filed a counterclaim of $ 418 million. Earlier it was reported that Belgorkimprom did not receive $ 150 million from Turkmenistan.
It is noted that the arbitration was supposed to take place in February 2022, however, there is no decision on the website of the law firm or on the arbitration website yet.