National shareholder “Naftogaz” of Ukraine submitted a request for arbitration to the International Court of Arbitration regarding the actions of Russiaʼs “Gazprom”. The place of arbitration is Zurich (Switzerland).
"Naftogaz" demands from "Gazprom" to pay funds for the organization of transportation of natural gas through the territory of Ukraine.
"We will make “Gazprom” pay."
“Naftogaz” is also evaluating the possibility of submitting additional requirements. We will use our experience of victories over “Gazprom” in arbitration," noted the chairman of the board of “Naftogaz” Yury Vitrenko.
- On February 21, the International Court of Arbitration in The Hague began hearings regarding the compensation of “Naftogaz” from Russia for lost assets during the annexation of Crimea. The company demands more than $10 billion from the Russian Federation, including interest.