The Armenian government responded to the July 22 decision by the Arbitration Institute of the Stockholm Chamber of Commerce regarding the case involving the Electric Networks of Armenia (ENA), stating that the “ruling’s scope differs from the objectives behind appointing a temporary administrator.”
“The scope of the urgent case reviewed by the Arbitration Institute of the Stockholm Chamber of Commerce in its decision No. EA 2025/121 dated 22.07.2025 is distinct from the purposes of appointing a temporary administrator and the scope of actions the administrator is authorized to perform. Specifically, the temporary administrator’s mandate includes, among other things:
- Preventing risks of a deliberately induced energy crisis;
- Maintaining public order and neutralizing potential threats to national security;
- Ensuring the exposure of past abuses within ENA and preventing future violations,” the statement said.
The government said that while “it respects the precautionary measures applied in foreign arbitration decisions, all parties are nonetheless obliged to act in accordance with Armenian legislation and international agreements, which define the procedures for recognizing and enforcing arbitral awards.”
Samvel Karapetyan, a businessman and philanthropist currently detained for two months, along with his family, has won the urgent arbitration case launched against the Armenian government over the nationalization of ENA. On July 22, 2025, the Stockholm Chamber of Commerce’s emergency arbitration ruled that Armenia must not enforce certain provisions of the recently amended “Energy” and “Public Services Regulatory Commission” laws against ENA and must halt any further steps toward its expropriation.
