Headlines
Dutch court lifts seizure of Gazprom's local assets
Published by Global Banking and Finance Review
Posted on July 22, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on July 22, 2025
1 min readLast updated: January 22, 2026
A Dutch court has lifted the seizure of Gazprom's assets, citing state immunity, affecting shares in Wintershall Noordzee.
(Reuters) -A court in The Hague has lifted a seizure order on Russian energy giant Gazprom's assets in the Netherlands, a ruling published on the court's website showed.
The ruling last week shows that the assets in question were Gazprom's shares in gas producers Wintershall Noordzee and Gazprom International Projects B.V..
The seizure was introduced under two separate cases lodged by Ukrainian companies called Slavutich-Invest and Zhniva over losses related to Russia's actions in Ukraine.
However, the Dutch court ruled that seizing Gazprom's assets may interfere with the principle of state immunity, which means Dutch courts cannot judge the actions of another state or state entity.
Gazprom did not reply to a request for comment.
(Reporting by Vladimir Soldatkin in Moscow and Stephanie van den Berg in The Hague; Editing by Kirsten Donovan)
State immunity is a legal doctrine that protects sovereign states from being sued in foreign courts without their consent, ensuring that a state's actions cannot be judged by another state's legal system.
Seized assets refer to properties or funds that have been taken by legal authority, often due to legal disputes or violations, to satisfy a judgment or claim.
A court evaluates the legality of asset seizure requests, ensuring they comply with laws and principles like state immunity before granting or lifting such orders.
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