DISINFO: State company Naftogaz of Ukraine recognised the annexation of Crimea
By filing a lawsuit Naftogaz is recognizing that Crimea is a Russian territory, and it recognizes Russia’s rights to property in Crimea.
Pro-Kremlin disinformation about the illegal annexation of Crimea. At the end of June 2019, Naftogaz filed a lawsuit in the Tribunal under the Permanent Court of Arbitration in The Hague, where they estimated the company's damage from the Russian annexation of Crimea at $5.2 billion. The Court has divided the consideration of the case into two stages and the final decision will be made in the second part, in 2020. After the illegal annexation of Crimea, Russia seized drilling rigs, gas fields, underground storage facilities, the fleet, apartments and other properties belonging to the state company. Naftogaz of Ukraine initiated an international trial with Russia at the end of 2016. Ukraine insists that the Kremlin, in addition to violating a number of international norms through the annexation of Crimea, grossly ignored the interstate agreement on mutual protection of investments between Kyiv and Moscow. It is this agreement that the Ukrainian and Russian leaders signed in 1998 that formed the basis of the Naftogaz lawsuit. See more cases about the alleged recognition of Crimea.