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Image header Agence Europe
Europe Daily Bulletin No. 12035
Contents Publication in full By article 28 / 35
NEWS BRIEFS / Energy

Ukrainian gas group Naftogaz obtains attachment of Russian company Gazprom assets in Netherlands

06/06/2018 (Agence Europe)Ukrainian gas company Naftogaz announced on Tuesday 5 June that it had succeeded in having the assets of Russian gas company Gazprom frozen in the Netherlands following a ruling by a Dutch court. To secure reimbursement of some of the $2.56 billion that Gazprom owes it following the arbitration award handed down by the Stockholm Chamber of Commerce Arbitration Tribunal, Naftogaz filed petitions for an attachment of Gazprom’s shares in its Dutch subsidiaries and any debts owed from these subsidiaries to Gazprom. The Dutch court approved the petitions, Naftogaz indicates, noting, however, that six out of seven of Gazprom’s Dutch subsidiaries have refused to cooperate with the bailiffs. Gazprom said it had learned of the measures taken by Naftogaz in the Netherlands but had received “no official notification” of attachment. Last week, Naftogaz was successful in having Gazprom assets frozen in Switzerland, including shares in the Nord Stream 2 project.  (EH)

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ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
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INSTITUTIONAL
COURT OF JUSTICE OF THE EU
NEWS BRIEFS