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Ukraine has achieved its goal in the lawsuit against Russia over Crimea: the international arbitration court has rendered a decision

The arbitration tribunal has ruled on Ukrenergo's claim against Russia

Ukraine has succeeded in getting the Arbitration Tribunal in Paris to consider the claim filed by Ukrenergo against Russia in 2019. The relevant jurisdiction of the court was approved on August 5.

This was reported by Ukrenergo. The company noted that the Permanent Court of Arbitration appointed the Paris Arbitration Tribunal to hear the case.

Ukrenergo's claims concern the payment of compensation for energy assets and investments in Crimea illegally expropriated by Russia. In particular, the property in question is worth EUR 527 million:

  • 17 substations
  • over 1300 kilometers of power lines.

NPC Ukrenergo filed a lawsuit with the International Arbitration Tribunal back in 2019, but the proceedings only began at the end of 2020. The decision to dismiss the Russians' complaints finally paves the way for the case to be considered on the merits. Unlike other similar cases involving claims of Ukrainian companies against the aggressor state, Russia is actively involved in the tribunal initiated by Ukrenergo: representatives of the Russian Prosecutor General's Office are present during the tribunal's hearings.

"It took 11 months for the arbitrators to analyze the arguments of the parties and make their decision on the jurisdiction of the case. Now we are preparing for the next stages of the proceedings in court. We understand that this path will be long and difficult. But in the end, the aggressor will pay for the damage caused to the Ukrainian power system to the last penny," Ukrenergo said.

As OBOZ.UA previously reported, in May, the High Anti-Corruption Court (HACC) ruled to recover two passenger planes of the Russian airline Ilyushin Finance Co. to the state. Before and during the full-scale invasion, the company systematically cooperates with the top political leadership of the Russian Federation and participates in the logistics of the Russian armed aggression.

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