Hague arbitration court imposed a compensation of $5 billion on Russia to Naftogaz, Ukraine’s state-owned gas company.
Hague’s Arbitration Tribunal at the Permanent Court of Arbitration passed a remarkable order on 12th April, imposing a compensation of $5 billion on Russia for accroaching the assets of Ukraine’s owned gas company Naftogaz in Crimea( annexed by Russia in 2014). The company’s assets in Crimea included machinery like Chornomornaftogaz, Read more









