Directory of RSS feeds
Statistics

RSS feeds in the directory: 2818

Added today: 0

Added yesterday: 0

Business / Finance

A London court has frozen the assets of Russia's largest independent oil refinery

Banki.ru: monitoring of the banking press 13.05.2019 at 07:10

Banking and financial news on the website Banki.ru

The Commercial court of the High court of London on April 30 took the decision to freeze the worldwide assets of Antipinsky oil refinery, which is owned 20% by the classmate of the President of Russia, lawyer Nikolai Yegorov. Assets in the amount of EUR 225 million are arrested in the claim of VTB Commodities Trading, writes Reuters with reference to documents.

According to the Agency, to the list of frozen assets is itself a refinery, equipment, oil products and oil, as well as the funds in two Bank accounts in Sberbank. The company is also prohibited to sell vacuum gas oil (VGO) to other companies without the consent of VTB Commodities Trading.

the Hearing is scheduled for may 15.

According to the arbitration proceedings, 7 may 2019 VTB Commodities Trading has also filed two lawsuits in the arbitration court of the Murmansk region on the protection of the property interests. Defendant both made by Antipinsky oil refinery.

the Representatives of Antipinsky oil refinery, Sberbank and VTB declined to comment.

Antipinsky oil refinery is the largest independent plant that is not part of a vertically integrated oil company. Established in 2006, is now included in the group "New thread" Dmitry Mazurov, which also owns shares in Mari and the Afipsky refinery. Antipinsky oil refinery is 80% owned by entities Dmitry Mazurov, and the remaining fraction — a classmate of the President of Russia, lawyer Nikolay Egorov.

the refinery is experiencing serious financial problems. The plant will not have enough money for the purchase of raw materials, and customers due to shortages of finished products began to abandon the procurement of petroleum products. Now the refinery actually works: he translated "recirculation mode",

Sberbank and "New thread" are now in active search of a new owner at Antipinsky oil refinery. The interest in the asset has already shown "LUKOIL". The company is willing to buy the refinery, but only after its bankruptcy. According to "Kommersant", the company only to the major creditor Sberbank debt of over $3 billion.

At the end of April, the plant announced its intention to appeal to the arbitration court of Tyumen region with the statement for bankruptcy.