Ukrnafta sues Russia in The Hague Court

Ukrnafta sues Russia in The Hague Court

It noted the case is pending. Details of the lawsuit have not been disclosed on the court’s website. Ukrnafta in its lawsuit refers to the Agreement concluded between the Government of the Russian Federation and the Government of Ukraine to facilitate and mutual protect investments dated 27 November 1998, as well as the regulations of UNCITRAL (United Nations Commission on International Trade Law, the United Nations Commission on International Trade Law). Similar lawsuits against Russia were filed by other companies such as Novel-Estate, Stabil, Stemv Group, Kirovohrad-Nafta, Krym-Petrol, Pirsan, Trade-Trust, Elefteriya", VKF Satek, Rustel, Rubenor.