Global Markets

Gazprom discloses UK assets

Gazprom has revealed the assets it owns in the UK following an order to do so by a London court.
By Staff reporter 6 July 2018 0 31630

Russian major Gazprom has revealed the assets it owns in the UK following an order to do so by a London court in response to a lawsuit brought by Naftogaz Ukrainy.

The assets include a stake in Nord Stream AG that was pledged as collateral for financing, Interfax reported on Thursday.

Gazprom also owns 100% of the shares of Gazprom UK Ltd, a subsidiary responsible for Gazprom’s European gas and LNG portfolio trading and marketing operations.