Russia freezes Linde assets worth around $500M, Reuters says

A Russian court has ruled that $500M of assets belonging to German industrial gases company Linde be frozen at the request of RusKhimAlyans, the joint venture, which is 50% owned by Russia’s Gazprom, reports Reuters. "RusKhimAlyans alleges, according to the document, that EU sanctions ban supplying equipment for the liquefied natural gas (LNG) plant but do not cover equipment required for the other part of the Ust-Luga complex – a gas processing plant," added Reuters. Reference Link