Naftogaz sues Russia over assets in Crimea – Kobolev

14:55, 21.04.2016 1 min read

National joint-stock company Naftogaz Ukrainy has sued Russia in an international court over refunding of damage due to the loss of its assets located on the occupied territory of Crimea, Naftogaz chief Andriy Kobolev has said.

"We've filed a claim against the Russian Federation over compensation of not only the cost of rigs, but also all assets Naftogaz had lost on the territory of Crimea due to Russian occupation, or those assets we temporarily do not have access to. For example, in oil and gas production in Crimea and the sea shelf," he said on Channel 5 TV on Wednesday.

He said litigation will take longer and will be more complicated than the Stockholm arbitration with Gazprom.

"Here we have the element of hostilities, and the defender is not a commercial organization, as Gazprom in our first case, but Russia as a state," Kobolev said.