Russia’s Novatek sues Gazprom for not giving pipeline access - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russia’s Novatek sues Gazprom for not giving pipeline access

MOSCOW, Jan 29 (PRIME) -- Russian gas producer Novatek has filed a lawsuit against Gazprom, the key gas producer and gas pipeline monopolist, to the Moscow Arbitration Court for rejecting access to a pipeline leading to plants of steelmaker Novolipetsk Steel (NLMK) on Friday.

Preliminary hearings of the case was slated for March 23.

NLMK, Stoilensky ore dressing plant, NLMK-Kaluga, Dolomit and Stagdok were listed as the third parties in the case.

Novatek earlier signed a 5-year agreement to ship 2.8 billion cubic meters of gas to all Russian plants of NLMK starting from January 1, 2016.

A case over the absence of access to Gazprom’s pipeline was earlier submitted by oil major Rosneft which is also developing the gas business. Two first instance courts dismissed the claim but the Arbitration Court of the Far East Federal District ordered Gazprom to provide the pipeline access, and the Supreme Court dismissed cassation claims by Gazprom and its affiliate Sakhalin Energy against this ruling in December.

End

29.01.2016 11:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.9461 +0.6399 09 may
USD 91.8239 +0.7008 09 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3449.78 +0.50 18:51 10 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.52 +0.19 23:14 10 may
lkoh 7715.00 +0.01 23:14 10 may
rosn 579.35 +0.15 23:14 10 may
sber 313.25 +0.66 23:14 10 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.8600 0.0000 05:00 10 may
USDTD 91.7750 +0.2825 05:00 10 may