Kiev is planning to confiscate the assets of Ukrainian debtors «Gazprom»

© RIA Novosti / Stringreplace in potamanthidae enterprise in Ukraine. Archival photoKiev is planning to confiscate the assets of Ukrainian debtors «Gazprom»© RIA Novosti / Stringreplace the image Bank

Kiev is planning to confiscate the property of debtors «Gazprom» in the country, as well as the assets of Russian companies abroad, said the Minister of justice Pavel Petrenko on air of ICTV TV channel.

According to him, the property of «Gazprom», located on the territory of the country, the authorities have «taken to the state budget» and are now looking for Ukrainian property of the debtors of the Russian company.

As noted Petrenko, a number of counterparties have obligations to Gazprom and Kiev is planning to recover them in favor of the state. The Minister assured that the law allows to do it.

«In foreign jurisdictions, in Europe, Gazprom has a lot of assets, such assets that are easily convertible into money. This gas in storage, securities, cash accounts,» — said Petrenko.
The gas dispute

In February, the Stockholm arbitration has obliged «Gazprom» to pay «Naftogaz» is about $ 2.6 billion compensation for failure to supply gas.

«Gazprom» has declared that these decisions have created an imbalance in favor of Kiev. In March, the Russian company appealed the verdict of the arbitration court of Sweden, and has notified Naftogaz to start the process of termination of contracts for the supply and transit of gas.

Also the Antimonopoly Committee of Ukraine in 2015, wrote «Gazprom» the penalty for «abuse of monopoly» in the market of transit of gas in 2009-2015 in the amount of $ 3.3 billion. The Russian company tried to challenge the decision, but in 2016, the Ukrainian court decided to forcibly recover these funds, and also interest on the same amount for late payment, or about $ 6.6 billion.

In March, Prime Minister Vladimir Groisman said that the total debt «Gazprom» to Kiev reaches $ 8.5 billion.