the national joint stock company “Naftogaz of Ukraine” and six companies it said in a lawsuit against Russia, the amount of compensation for loss of assets in Crimea after the referendum and joining the Peninsula to Russia.
“Naftogaz” demands from Russia compensation in the $ 8 billion — is “the amount of damages plus interest,” specified in the message of the Ukrainian company.
the Case is in arbitration at the Permanent court of arbitration in the Hague.
In October 2016, “Naftogaz” has filed a lawsuit against the Russian Federation. The oral hearing on jurisdiction hearing held in the Hague in may 2018. “Hearing on amount of compensation will be held in may 2020. The final decision regarding the amount of compensation is expected until mid-2021,” said “Naftogaz”.