Gazprom challenges EU sanctions in court | Fin24
 
In partnership with
  • Trump and Tariffs

    Face-to-face trade meetings with China on the horizon.

  • Peter Moyo

    What is next for Old Mutual and its on-and off-again CEO Peter Moyo as legal manoeuverings continue?

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Gazprom challenges EU sanctions in court

Oct 28 2014 20:21

Moscow - Gazprom Neft, the oil arm of Russia's state gas giant Gazprom, said on Tuesday it has challenged in a European Union court the bloc's sanctions against it, imposed as part of wider restrictions on Russia over Ukraine.

Gazprom Neft has been targeted by EU as well as US sanctions over the crisis in east Ukraine where the West says Moscow is supplying arms and troops to pro-Russian separatists fighting to split from Kiev. Moscow denies that.

"Gazprom Neft confirms information that it has challenged the EU sanctions in the Court of Justice of the European Union," a representative of the company said without giving more detail.

EU sanctions restrict the ability of Gazprom Neft, Russia's fourth biggest oil producer by output, to raise capital on European markets.

gazprom  |  eu  |  russia  |  sanctions
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What's your view on deep sea mining?

Previous results · Suggest a vote

Loading...