Russia Ordered to Pay $5 Billion to Ukraine's Naftogaz for Seizing Crimea Assets
TL;DR
An international arbitration court has ordered Russia to pay Ukraine's state-owned energy company, Naftogaz, $5 billion for assets seized during the annexation of Crimea in 2014. The court found that Russia had unlawfully expropriated Naftogaz's assets, including oil rigs and gas pipelines, and must compensate the company for their value. The ruling is the latest in a series of legal battles between Russia and Ukraine over the annexation of Crimea.
- Russia Ordered to Pay Ukraine's Naftogaz $5 Billion for Assets Seized in Crimea The Wall Street Journal
- Ukraine's Naftogaz says Russia told to pay $5 billion for seizing Crimea assets Yahoo News
- Naftogaz Claims $5 Billion Arbitration Victory Over Russia Bloomberg
- Ukraine's Naftogaz says Russia told to pay $5 billion for seizing Crimea assets Reuters.com
- Ukraine's Naftogaz Announces $5 Bln Lawsuit Win Against Russia The Moscow Times
Want the full story? Read the original reporting
Read on The Wall Street Journal