The key facts
- The Oslo court allowed the seizure of a house in Frogner and four apartments
- Naftogaz's claim amounts to 57 billion kroner, including interest and court costs
- An encumbrance of 40 billion kroner was placed on the house in Frogner
Oslo court decision
The district court of the Norwegian capital has allowed the seizure of five Russian-owned real estate properties in a lawsuit by Ukraine's Naftogaz, the outlet Verdens Gang reports. The company is seeking to recover 57 billion Norwegian kroner from Moscow, which amounts to about 500 billion rubles.
Which properties are affected
The restrictions cover an apartment building in the prestigious Frogner district and four cooperative apartments. Three apartments are located in the western part of Oslo, and one more is in the Sinsen district. An encumbrance of 40 billion kroner has been placed on the house in Frogner, which means the property cannot be freely sold.
Structure of the claims
Initially, Naftogaz sought to recover 40 billion kroner, but later about another 17 billion kroner in interest and court costs was added to this amount. The Ukrainian company's total claims reached 57 billion kroner.
Context around frozen assets
According to Life.ru, the European Union has not yet found a way to seize Russian assets. The EU's High Representative for Foreign Affairs, Kaja Kallas, acknowledged that Brussels needs to reach an agreement with Belgium on the distribution of financial risks. At the same time, European authorities do not intend to abandon the idea of directing frozen funds to support Kyiv. It was also previously reported that the European Parliament called the seizure of Russian assets madness.
