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16 of April, 17:04

Russia refused to recognize the decision of the Hague court on the suit of "Ukrnafta"
Moscow does not recognize the legitimacy of the Hague court ruling on compensation "Ukrnafta" for loss of assets in Crimea, said Last news in the press service of the Ministry of justice.

the justice Ministry stressed that the Russian side until not received an official diplomatic channel the decision on the claim of " Ukrnafta. The Ministry told that the Russian Federation will challenge this verdict, using " all available mechanisms of legal protection under international law and Swiss law ".

Today in "Ukrnafta" said the permanent court of arbitration in the Hague ordered Russia 44, $ 4 million compensation for loss of property in Crimea.

in October 2014 Ukrnafta said that the Russian Federation violated obligations under the investment Treaty of 1998. It is, in the opinion of the organization, first, prevented investments in the Crimean filling stations, and then " led to their expropriation ".

Four years later, the Supreme court of Switzerland ruled that the Firm is an investor under the Treaty and its property in Crimea - investments.

The Russian side said that the bilateral agreement on investment protection cannot serve as a basis of settlement of the claims of the plaintiffs by the arbitral Tribunal. It was stressed that the Russian Federation does not recognize the jurisdiction of the Hague Tribunal in this proceeding.

16th April, the Hague court ordered Russia 44, $ 4 million compensation for loss of property in Crimea. Moscow also needs to offset the interest (more than 5, 5 million dollars), interest and arbitration costs (over 3, 5 million). The lawsuit said about the administrative offices and 16 gas stations within the Peninsula.

in addition, the Tribunal recognized its jurisdiction in a similar suit against Russia filed by the Ukrainian firm Stabil and ten other persons.



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