The Supreme Court of the Kingdom of the Netherlands dismissed Russia's appeal seeking to overturn a partial award granted by the Hague arbitration court to Ukraine's state-owned oil and gas company, Naftogaz, regarding compensation for damages caused by Russia's seizure of Naftogaz assets in Crimea in 2014.
"The decision of the Supreme Court strengthens the position of Naftogaz Group in enforcement proceedings to recover the debt owed by Russia for the illegal seizure of assets in Crimea," said Roman Chumak, acting chairman of Naftogaz's executive board.
