Borgarting Appellate Court decides in favor of the Norwegian state in legal action brought against it by Njord Gas Infrastructure AS et al
We refer to the stock exchange announcement of Njord Gas
Infrastructure AS ("Njord") on 30 October 2015 and previous
announcements regarding the Norwegian Ministry of Petroleum
and Energy's (the "MPE") decision to amend the tariff
regulation for Gassled.
Borgarting Lagmannsrett (Borgarting Appellate Court) today
issued its decision in the legal action brought against the
Norwegian state (represented by the MPE) by Njord, Solveig
Gas Norway AS, Silex Gas Norway AS and Infragas Norge AS.
The Court has decided in favor of the Norwegian State and
the decision is attached hereto. A certified translation
into English will be made available on the corporate website
on or about 5 July.
Njord and the three other plaintiffs has until 16 September
to decide whether or not to appeal this decision. Njord will
make an announcement when this decision has been made.
Dated: 30 June 2017
Njord Gas Infrastructure AS
The information in this announcement is subject to the
disclosure requirements of the Norwegian Securities Trading
Act section 5-12 and the Oslo Børs - Continuing Obligations.
Njord Gas Infrastructure AS is headquartered in Stavanger,
Norway. It invests in Norwegian gas infrastructure and
currently holds an 8.036% participating interest in Gassled.
For more information, please refer to
For information, please contact:
Birte Norheim, CEO