Ukrainian energy giant sues Russia in US court ...News

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Ukrainian energy giant sues Russia in US court
source : Russia Today ( News ) () 47
State-run Naftogaz wants $5 billion in compensation for Crimean assets Ukrainian state-owned energy company Naftogaz has filed legal action against Russia in the US, demanding $5 billion in compensation for damages and lost property in Crimea, the firm revealed in a statement on Friday. In April, an arbitration tribunal at The Hague awarded Naftogaz compensation “equal to the fair market value” of the firm’s assets in Crimea before the peninsula joined Russia. “Since Russia has not voluntarily paid the funds to Naftogaz as provided for by the award, we intend to leverage all available mechanisms to recover these f

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