Russian court overturns ruling suspending CPC operation

The Russian court overturned a ruling suspending Caspian Pipeline Consortium’s (CPC) operations. Krasnodar Regional Court considered the appeal against the ruling of the Primorsky District Court of Novorossiysk city and changed it to an administrative fine in the amount of 200,000 rubles. The resolution has already entered into force, the joint press service of the courts of the Krasnodar Territory reports. Earlier, the Primorsky District Court of Novorossiysk decided to suspend the activities of the Caspian Pipeline Consortium for 30 days. In return, the other party filed a complaint with the Court of Appeal.

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