Higher business court confirms Nadra Ukrainy's right to 24% stake in JV on Sakhalynske field - PGO
The higher business court of Ukraine on March 22 confirmed the right of national joint-stock company Nadra Ukrainy to the 24% stake in joint operations on the Sakhalynske gas condensate field (Kharkiv region), the press service of Ukrainian Prosecutor General's Office (PGO) has reported.
"The higher business court on March 22, 2017 did not satisfy the counterclaim, and left the ruling of the appeal court [declaring Nadra Ukrainy's right to the stake in JV on the Sakhalynske field] unchanged," PGO said.
As reported, earlier Nadra Ukrainy sold a stake in JV on the Sakhalynske field to Golden Derrick LLC, while the sale and purchase agreement was terminated in court.
Former Minister of Ecology and Natural Resources of Ukraine Ihor Shevchenko said in March 2015 that in addition to returning shares on Sakhalynske field he sued Golden Derrick for compensation of losses for the illegal use of shares in the field.
