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37XN Solveig Gas 27

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Name Symbol Market Type
Solveig Gas 27 LSE:37XN London Medium Term Loan
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Solveig Gas Norway AS Decision on Legal Proceedings (2268A)

25/09/2015 10:57am

UK Regulatory


Solveig Gas 27 (LSE:37XN)
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RNS Number : 2268A

Solveig Gas Norway AS

25 September 2015

Oslo City Court decides in favour of the Norwegian State in legal action brought against it by Solveig Gas Norway AS (the Company)

We refer to Solveig Gas Norway AS' stock exchange notice dated 27 January 2014 in which the Company announced that it had issued a writ of summons against the Norwegian State, represented by the Ministry of Petroleum and Energy (MPE), as a result of the MPE's decision to amend the Gassled tariff regulations.

Oslo tingrett (Oslo City Court) today issued its decision in the legal action brought jointly against the MPE by Solveig Gas Norway AS, Njord Gas Infrastructure AS, Silex Gas Norway AS and Infragas Norge AS. The Court has decided in favour of the Norwegian State and the decision (in Norwegian) is available at http://www.domstol.no/otir. An unofficial English translation will be made available on the Company's restricted website on or about 30(th) September.

Solveig Gas Norway and the three other plaintiffs have six weeks in which to decide whether or not to appeal this decision and will make a public announcement when this decision is made.

For further information please contact CEO Trygve Pedersen, +47 900 97741

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Dated: 25 September 2015

Solveig Gas Norway AS

 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCKMGZLLKKGKZG

(END) Dow Jones Newswires

September 25, 2015 05:57 ET (09:57 GMT)

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