Ukrnafta Owes for Crude Oil
OREANDA-NEWS. December 15, 2009. On December 21, the Supreme Court of Ukraine will review the lawsuit filed by Ukrgazenergo controlled by Mr. Dmytro Firtash. The Company demands that Ukrnafta < UNAF UK BUY> pay debts and forfeits for a total worth of UAH 180mn for contracts for crude oil deliveries that had never been fulfilled.
Millennium Capital: this news is temperately negative for Ukrnafta. Millennium Capital reminds that Ukrgazenergo has a positive judgment of the Trial Court and the Court of Appellate Jurisdiction. The judgment of Superior Court will be decisive and final in this situation.
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