Njord appeals the Borgarting Appellate Court's judgement to the Norwegian Supreme Court
Reference is made to previous stock exchange announcements
regarding the legal action brought against the Norwegian state
following from the Norwegian Ministry of Petroleum and Energy's
amendment of the tariff regulation for Gassled in 2013, and the
notice of 30 June 2017 in which the Company informed that
Borgarting Lagmannsrett (Borgarting Appellate Court) had ruled in
favor of the state.
The Company has decided to appeal the Borgarting Appellate Court's
judgement to the Norwegian Supreme Court. The Supreme Court
Selection Committee will evaluate the appeal and decide whether it
will be heard by the Supreme Court. The Company will make a public
announcement of this decision when it is known.
Dated: 13 September 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 http://www.njordgasinfra.no/.
For further information, please contact:
Birte Norheim, CEO