Naftogaz says court orders Russia to pay $5 bln for Crimea's assets - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Naftogaz says court orders Russia to pay $5 bln for Crimea's assets

MOSCOW, Apr 13 (PRIME) -- The Permanent Court of Arbitration in The Hague has ordered Russia to pay U.S. $5 billion to Ukrainian energy company Naftogaz Ukrainy for asset loss in Crimea, CEO Alexei Chernyshov said on Thursday.

"The Arbitration tribunal has ordered the Russian Federation to compensate losses of U.S. $5 billion to Naftogaz. The case concerned the outcome of a capture of our assets in Crimea by Russia in 2014," Chernyshov said.

According to the executive, if Russia refuses to fulfill the court orders voluntarily, Naftogaz Ukrainy will have the right to ask for forced fulfillment on the territory of the states, where Russian assets are located.


13.04.2023 12:27
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 98.7776 -0.1202 18 may
USD 90.9873 +0.0634 18 may
Stock Market Indices
1D 1W 1M 1Y
micex 3501.89 +0.45 18:51 17 may
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 155.21 -1.69 23:14 17 may
lkoh 7843.50 +1.67 23:14 17 may
rosn 592.60 0.00 23:50 17 may
sber 322.91 0.00 23:50 17 may
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 98.5225 -0.1775 14:59 17 may
USDTD 90.9700 -0.0075 17:44 17 may