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Dutch court lifts seizure of Gazprom's local assets

Dutch court lifts seizure of Gazprom's local assets

Reuters4 days ago
July 22 (Reuters) - A court in The Hague has lifted a seizure order on Russian energy giant Gazprom's (GAZP.MM), opens new tab assets in the Netherlands, a ruling published on the court's website showed.
The ruling last week shows that the assets in question were Gazprom's shares in gas producers Wintershall Noordzee and Gazprom International Projects B.V..
The seizure was introduced under two separate cases lodged by Ukrainian companies called Slavutich-Invest and Zhniva over losses related to Russia's actions in Ukraine.
However, the Dutch court ruled that seizing Gazprom's assets may interfere with the principle of state immunity, which means Dutch courts cannot judge the actions of another state or state entity.
Gazprom did not reply to a request for comment.
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