“Naftogaz of Ukraine” is preparing to judicial contest for its assets in Crimea

The National Joint Stock Company “Naftogaz of Ukraine” has sent Russia an official claim on compensation of lost assets resulted by the annexation of the Crimean peninsula in February 2014.

Journalists have been informed about that by the Chairman “Naftogaz of Ukraine” Andrey Kobolev.

“We are doing to file a charge against Russia to the international investment arbitration. The claims have already been sent to the Russian Federation. There is a certain procedure when these are claims first to send, and then reply and then the trial procedures begin,” he said.

Kobolev suggested that the review of the claims and the response would take from two to three months.

So, the company’s Chairman suggested that the judicial review of the case would begin in this summer.

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