The Ukrainian State Property Fund has announced plans to lift legal restrictions on a significant oil pipeline previously linked to entities associated with Viktor Medvedchuk, a controversial political figure. This infrastructure asset encompasses over 1,400 kilometers of pipeline, along with pumping stations, storage facilities, and production complexes.
Ukrainian courts, including the Supreme Court, have affirmed state ownership of this asset. Following the conclusion of legal proceedings, the Fund has argued that the asset freezes imposed in 2021 and 2023 are no longer applicable.
In light of this, the Fund has petitioned the High Anti-Corruption Court to revoke the existing restrictions on the pipeline. Once these legal barriers are removed, the pipeline is set to be transferred to the management of JSC “Ukrtransnafta,” which will facilitate its operation in alignment with national interests.
The State Property Fund emphasizes that the government is actively working to regain control over strategic assets previously utilized by pro-Russian entities, ensuring their functionality serves the interests of the state.
Ukraine's State Property Fund is seeking to lift legal restrictions on a major oil pipeline linked to Viktor Medvedchuk. The initiative aims to restore state control over strategic assets previously associated with pro-Russian influences.