PCA Orders Russia To Pay $44.4M Award Over Petrol Station Seizures

(April 17, 2019, 1:18 PM EDT) -- THE HAGUE, Netherlands — A Ukrainian oil company on April 16 announced that a tribunal for the Permanent Court of Arbitration (PCA) recently awarded it $44,455,012 in damages for the Russian Federation’s expropriation of its investments in petrol stations in Crimea (PJSC Ukrnafta v. The Russian Federation, No. 2015-34, PCA)....