The Supreme court of Ukraine refused to adopt to produce a billion-dollar lawsuit to “Gazprom”

In the Ukrainian court considered cassazione the statement of the Russian gas monopoly “unfounded”

Photo: dt.ua

The Supreme court of Ukraine received the statement of PJSC “Gazprom” on revision of the decision of the Supreme economic court of July 13, 2016, which confirmed the decisions of the lower courts to impose a fine, the Antimonopoly Committee of Ukraine (AMCU) in the Russian company in the amount 85,966 billion.


  • “Gazprom” appealed a billion-dollar fine in the Ukraine

“Having discussed the arguments of the statements and examining the attached materials, the panel of judges considers that the submitted statement is not substantiated by the attached evidence. In accordance with article 11121 of the Economic procedural code of Ukraine, the Supreme court of Ukraine denies the admission of a case, if the application filed is groundless”, – is spoken in court definition.

In February 2016, the AMC has decided to impose on the Russian Gazprom the penalty at 85.9 billion, or about 3.2 billion dollars for violation of legislation on protection of economic competition. “Gazprom” has passed all the courts, but the courts have left the complaint without consideration.

Subsequently, the AMC had over 100% interest on 85,9 billion fine in the amount of 85,96 billion. In December 2016, the Economic court of Kiev satisfied the claim of the AMC regarding the enforcement of fines and penalties from “Gazprom” in the amount of 172 billion.

On 21 April the Antimonopoly Committee instructed the State Executive service to collect 172 billion of fines and penalties from “Gazprom”.

In the framework of the enforcement of the debt on this court’s decision, the State Executive service have resorted to arrest “hazpromu” 40.2% of the shares of PJSC “Gaztranzit” (Kiev). Was arrested 79,877 million dividend, payable to “Gazprom” participation in JSC “Gaztranzit” and corporate rights and property of OOO “Gazprom Sbyt Ukraine”.

Later “Gazprom” has achieved cancellation of the write-off of payable to “Gazprom” 79,9 million of dividends from the “Gaztranzit”. Litigation concerning the enforcement of the debt continues.

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