Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrived in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
Lavrov bewildered US special services give no facts of Russia’s meddling in US electionRussian Politics & Diplomacy July 21, 19:46
Putin says USSR collapse had greatest impact on himSociety & Culture July 21, 18:37
MOSCOW, November 26. /TASS/. A Commercial Court of Appeals of Ukraine’s Rivne Region has ruled the nationalization of a 1.5 kilometer transit oil products pipeline, previously owned by Russian oil pipeline monopoly Transneft, was legitimate, the country’s General Prosecutor’s Office said in a statement Wednesday.
The pipeline runs across western Ukraine to Hungary.
In May, a first-instance court of the Rivne Region ruled that Russian oil pipeline monopoly Transneft is the owner of the pipeline, but the court of appeals canceled the ruling saying the nationalization was legitimate.
Transneft will challenge the decision in the Supreme Economic Court of Ukraine, Igor Dyomin, company’s official representative, said, adding that the decision will lead to lower transit as it excludes the legal basis for investments, and “the pipeline will become a pile of iron."