Tag: Karpatygaz

Moscow's "Collector": What the State Can Confiscate from Businessman Fuchs. Part 2

Pavel Fuks "paid for swastikas" in Ukrainian cities, media reports

A continuation of the story about Russian businessman Fuks, who acquired billions of hryvnias worth of assets in Ukraine from Censor. Read the first part of the story about Pavel Fuks's business at the link. Fuks and the Collection Business. Pavel Fuks and his assets: "Kyiv Metropolitan." Fuks's first known profitable project in Ukraine was in the field of problem loan resolution...

The Prosecutor General's Office has secured the seizure of Firtash's company's assets.

OGKHK: Whoever wins, Firtash will win

At the request of the Prosecutor General's Office, the court seized technological equipment from Karpatygaz's oil and gas production facilities. The value of the seized property is UAH 4 billion, the Prosecutor General's Office press service clarified. The office noted that Karpatygaz is the operator of a joint venture agreement between state-owned Ukrgazvydobuvannya and the company...

Karpatygaz compressor stations have been seized.

At the request of the Prosecutor General's Office, the Pechersk District Court seized eight booster compressor stations (BCS) operated by Karpatygaz, UN reports. Furthermore, equipment from four BCSs under construction in the Porttava, Kharkiv, and Ivano-Frankivsk regions was also seized.

Ukrgazvydobuvannya – a feeding trough for management?

The seizure of Ukrgazvydobuvannya's assets (the decision was made by the Pechersky District Court in Kyiv on May 31) was the logical outcome of a chain of illegal actions committed by the company's former management between 2010 and 2014. An investigation by the Prosecutor General's Office of Ukraine (PGO) revealed that officials responsible for…

Ukrgazvydobuvannya accuses partners of unwillingness to fulfill investment obligations

The management of the Ukrgazvydobuvannya state corporation has filed charges against its partner, Karpatygaz, and its shareholder, the Swedish company Misen Energy AB. According to Ukrgazvydobuvannya, the charges stem from the latter's failure to fulfill investment obligations. Karpatygaz annually produces 700 million cubic meters of gas from 110 state-owned…