Prosecutor's Office Seeks 45% of Petersburg Oil Terminal
The Arbitration Court of Saint Petersburg and the Leningrad Region accepted the Prosecutor General's Office's claim against the co-owners of PJSC "St. Petersburg Oil Terminal" (PNT), Elena Vasilyeva and her husband, co-founder of the company Sergey Vasilyev, reports "Fontanka".
Consensus
- The General Prosecutor's Office filed a lawsuit against Elena and Sergey Vasilev regarding 45% of shares in the Petersburg Petroleum Terminal (PNT).
- The court has already seized 55% of PNT shares from the heirs of co-founder Dmitry Skigin.
- The remaining 45% shares are currently controlled by Elena and Sergey Vasilev.
- The court has arrested the Vasilevs' shares and restricted their ability to dispose of them.
- A preliminary hearing is scheduled for September 11.
- The lawsuit concerns a 2022 transaction in which Sergey Vasilev transferred shares from a Cypriot offshore company to himself.
- The state transferred the previously seized 55% shares to Roskhim in summer 2026.
- PNT is the largest Russian terminal for oil product transshipment in the Baltic region.
- The terminal was founded in 1996 and is located in Saint Petersburg.
Points of divergence
- The lawsuit is based on the foreign citizenship of the heirs of Dmitry Skigin, and the state's action was justified under a law prohibiting foreign investment in strategic enterprises. — meduza
- The lawsuit seeks full nationalization of PNT, and the 55% shares were nationalized in April 2025 due to the foreign citizenship of the Skigin heirs. — mediazona
- The Vasilevs are Russian citizens, and the transaction did not transfer assets to foreigners—it removed them from an offshore entity, which may be a legal defense. — thebell
- The 2022 transaction was part of a broader domestic re-domiciliation effort to avoid transferring dividends to unfriendly jurisdictions. — fontanka
- The Cypriot company Mobalco Holdings Limited is listed as a defendant in the lawsuit. — kommersant
Coverage (5 sources)
- Prosecure General Office demanded to seize remaining 45% of 'St. Petersburg Oil Terminal'. Another part of shares previously transferred to Rotenberg — Meduza
- Prosecure General demanded nationalize remaining 45% of shares of St. Petersburg oil terminal — Медиазона
- Prosecure General Office demanded transfer of remaining 45% of St. Petersburg oil terminal to the state — The Bell
- Prosecutor's Office filed a lawsuit against Elena Vasileva and her husband. Full nationalization of the St. Petersburg oil terminal is on the horizon — Фонтанка
- Prosecutor General filed a lawsuit against the shareholder of the St. Petersburg oil terminal — Коммерсантъ
Key entities
- Elena Vasilyevykh
- General Procuracy
- St. Petersburg Oil Terminal
- PNT
- Arbitration Court
- Fontanka
- Saint Petersburg
- Leningrad Oblast
- Dmitry Oktyusyk
- Vasilyevykh
- Interfax
- General Procuracy
- Rotenberg