12 Mar 2014 15:30

Chernomorneftegaz, Ukrzaliznitsya facilities in Crimea will be nationalized - Crimean authorities

SIMFEROPOL. March 12 (Interfax) - The facilities of the companies Chernomorneftegaz and Ukrzaliznitsya have become property of Crimea, Rustam Temirgaliyev, first deputy chairman of the Council of Ministers of Crimea, said.

"In the nearest future, the Supreme Council of Crimea will make a decision on the transfer of number of facilities previously owned by Ukraine and located on the territory of Crimea. We are talking about the company Chernomorneftegaz and all its assets, including the production derricks located far from the Crimean coast. This company will be nationalized," Temirgaliyev told a press conference on Wednesday.

Temirgaliyev also said the assets of the company Ukrzaliznitsya (Ukrainian railways) will also become property of Crimea.

Temirgaliyev added that private owners will keep their property.

"Our only request will be to re-register the property rights in accordance with the Russian legislation within the shortest period of time possible and free of charge," Temirgaliyev said.