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20

The Ruling of Rivne Economic Court of Appeal in Respect of the Ownership of Oil Products in OPTP in the Territory of Ukraine

On April 16, 2015, the Rivne Economic Court of Appeal (Ukraine) upheld the decision of the Economic Court of the Rivne Region dated February 12, 2015 on the consideration of appeals of the Deputy Prosecutor of the Rivne Region and the State Property Fund of Ukraine.

The Ruling of Rivne Economic Court of Appeal in Respect of the Ownership of Oil Products in OPTP in the Territory of Ukraine The Ruling of Rivne Economic Court of Appeal in Respect of the Ownership of Oil Products in OPTP in the Territory of Ukraine

On April 16, 2015, the Rivne Economic Court of Appeal (Ukraine) upheld the decision of the Economic Court of the Rivne Region dated February 12, 2015 on the consideration of appeals of the Deputy Prosecutor of the Rivne Region and the State Property Fund of Ukraine.

 

The above appeals-court ruling dismissed a lawsuit filed by the Deputy Prosecutor of the Rivne Region for declaration of proprietary rights of Ukraine in respect of oil products (diesel fuel), which are contained in the Samara – West and Grozny – Armavir – Trudovaya oil product trunk pipelines (OPTP), which pass through the territory of Ukraine. The decision of the Economic Court of the Rivne Region has thus come into force.

Earlier, the decision of the Supreme Economic Court of Ukraine dated March 17, 2015 upheld the decision of the Economic Court of the Rivne Region dated March 22, 2011 on the redress of the claim of the Prosecutor General of Ukraine on the declaration of proprietary rights of Ukraine in respect of the above oil products pipelines, which pass through the territory of Ukraine, as well as the decision of Rivne Economic Court of Appeal dated November 11, 2014 on upholding the decision of the trial court.

 

PrikarpatZapadtrans subsidiary, which is a subsidiary of Yugo-Zapad Transnefteproduct, JSC and is a part of the Transneft, JSC system, filed a claim with the Supreme Court of Ukraine on the supervisory review of the decision of the Supreme Economic Court of Ukraine dated March 17, 2015 on April 4, 2015.

No information about the admission of the above claim is currently available.

Source : Neftegaz.RU