Ukrainian firm Naftogaz says it has been given the green light to pursue $5bn euro in compensation from the Russian state through the French courts after a Parisian civil court recognized the decision of an arbitration court dating from 2023.
The claim, filed with the Permanent Court of Arbitration in the Hague, relates to a claim against the Russian Federation for compensation following the annexation of the Crimean peninsula in 2014, rather than the current underdeclared war the Kremlin is waging on its neighbour.
