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Court terminates Gazprom contractor's bankruptcy proceedings

14:21 16/12/2011

MOSCOW, December 16 - RAPSI, Sergei Feklyunin. A commercial court has terminated on Friday the bankruptcy proceedings against Stroygazconsulting, the Russian Legal Information agency (RAPSI/rapsinews.com) reports from the courtroom.

The Siberian Tarkus ended the proceedings against the company as Stroygazconsulting repaid its debt to the claimant.

The debtor said at the Friday hearing that it paid the principal amount and interest on November 1 and produced the supporting documents. The parent company of Stroygazconsulting is Russia's largest construction group and is owned by billionaire Ziad Manasir,

The judge decided not to put the debtor into administration and terminated the case.

The bankruptcy application was filed on October 26.

Stroygazconsulting is engaged in the development of oil and gas condensate fields, building compressor stations, trunk pipelines, motor roads and producing building materials. Its major customers are Gasprom, Transneft, LUKOIL, Nord Stream AG and Rosavtodor.

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Court terminates Gazprom contractor's bankruptcy proceedings

14:21 16/12/2011 A commercial court has terminated on Friday the bankruptcy proceedings against Stroygazconsulting.
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