Gazprom assets unfrozen in Europe, arrested at Kiev's request

On January 20, 2020, it became known that the assets of PJSC Gazprom had been unfrozen in Europe, which had previously been seized at the request of Naftogaz Ukrainy. Arrests lifted in the UK, Luxembourg and the Netherlands.

Arrests and interim measures taken in England and Wales, the Netherlands and Luxembourg at the request of Naftogaz Ukrainy, based on the Stockholm Chamber of Commerce arbitral award No. V 2014/129 of February 28, 2018, were lifted

- said in a statement to the Russian company.

At the same time, NAK Naftogaz Ukrainy confirmed this information, specifying that the lifting of the arrests was connected with the completion of the recovery process from PJSC Gazprom for $ 2,9 billion by decision of the Stockholm arbitration.

These arrests were imposed on Gazprom’s assets in different jurisdictions in order to force him to pay the debt by the decision of the Stockholm arbitration, $ 2,9 billion. We received $ 2,9 billion in money from Gazprom on December 27, 2019. Debt collected

- The Ukrainian company said in a statement.

From PJSC Gazprom, it was explained that the arrests in the UK were lifted on January 14, 2020, and in the Netherlands on January 10, 2020. In addition, on January 11, 2020, Naftogaz Ukrainy and PJSC Gazprom signed acts withdrawing the demand (Withdrawal of action) for arrests dated February 15/22, 2019 and July 26/31, 2019. After which, On January 13, 2020, the lawyers of the Ukrainian company sent the attached letters to Luxembourg banks and companies.

We remind you that in December 2019, Kiev and Moscow deal on gas transit and claims settlement.
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  1. Nick Offline Nick
    Nick (Nikolai) 21 January 2020 14: 06
    There is only one conclusion from all this trouble: - Assets of the state. corporations or enterprises with state. participation should be kept only in its jurisdiction. Real estate, equipment, transport, everything that is necessary for carrying out activities abroad can be rented. You can rent from affiliated organizations.
    1. Aleksey Glotov Offline Aleksey Glotov
      Aleksey Glotov (alexey glotov) 21 January 2020 14: 59
      Will Gazprom managers become wiser after this story? ... I doubt it.
      1. Nick Offline Nick
        Nick (Nikolai) 21 January 2020 15: 16
        Quote: Aleksey Glotov
        Will Gazprom managers become wiser after this story? ... I doubt it.

        And this, as they say, we will see.
  2. sgrabik Offline sgrabik
    sgrabik (Sergei) 23 January 2020 09: 27
    And now all these debt costs of Gazprom, arising from the stupidity and incompetence of its "effective" managers, will fall on the shoulders of ordinary Russians and will "fight back" at the expense of our pockets in the domestic consumer gas market.