The Joint Activity has fully repaid the debt to PJSC Sberbank, subsidiary bank of Sberbank of Russia
On 9 July 2018, LLC Karpatygaz, a partially owned subsidiary of Misen Energy AB (publ), in its capacity as Operator of the Joint Activity, has fully paid off the liabilities to PJSC Sberbank, subsidiary bank of Sberbank of Russia. The debt was settled via the funds PJSC Ukrgasvydobuvannya owed to the Joint Activity in accordance to the recently renewed agreements for lease of the booster compressor stations. As a result, the contingent liabilities accounted in the Misen Group balance sheet will be significantly reduced.