Kiev has started proceedings to seize the assets of Russian oil giant Rosneft, the Security Service of Ukraine (SBU) said on its Telegram channel on Saturday.
“The SBU initiated the seizure of Rosneft’s assets in Ukraine… According to the materials of the SBU, the activities of the energy company, which was part of the Russian Rosneft group, were blocked,” the message reads.
According to the SBU’s announcement, around 20 million hryvnia ($677,000) worth of assets that allegedly belong to the Rosneft subsidiary in Ukraine were blocked, while the authorities also suspended the company’s license for electricity.