Yukos Oil Company and Yuganskneftegaz

Yukos was one of Russia’s largest oil companies. Its assets were frozen and sold amid tax claims, and the company was liquidated. According to the case materials, its principal production assets, including Yuganskneftegaz, passed to other owners, mainly in the state oil sector. In 2014, an international arbitral tribunal found that the measures taken against former shareholders’ investments had an effect equivalent to expropriation.

The materials provided do not specify exact dates or asset values.

Source: client-provided Case No. 2 file.

Photo: Ivan Lepilov / Wikimedia Commons, CC BY 4.0.