Russia to pay US$5 billion in compensation for losses and lost property suffered by Naftogaz [the largest national oil and gas company of Ukraine – ed.]
Source: Naftogaz CEO Oleksii Chernyshov on Facebook.
"I believe that this is not the last decision that will be made in The Hague in favour of our country," Chernyshov wrote.
As Naftogaz’s press service states, Russia must now comply with this decision in accordance with its obligations under international law.
Quote: "The arbitration tribunal has confirmed that Russia must fully compensate Naftogaz for the losses caused by Russia's illegal seizure of Naftogaz Group's assets in Crimea.
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