Naftogaz Group is developing cooperation with US energy companies in order to significantly increase domestic gas production in Ukraine. This was the key message from Naftogaz CEO Oleksiy Chernyshov in Washington DC on July 27 during a meeting with US Senate Energy Committee Chairman Joe Manchin.
"I am grateful to Joe for the initiative to promote Naftogaz Group as an important player in the European energy market and the proposal to establish a closer dialogue with the American energy business," said Chernyshov.
The parties also discussed necessary steps to collect compensation from Russia for the seizure of assets in Crimea.
US investigation firm K2 Integrity will be engaged in pursuing implementation of a 5bn dollar award by the Hague Tribunal Award in the Crimean case. Investigators will assist in the search for Russian commercial assets to enforce compensation.
In June Naftogaz filed a lawsuit in the United States to collect $5bn from Russia for assets in Crimea. Russia refused to voluntarily execute Naftogaz the arbitration awards according to the arbitration decision in The Hague dated 12 April, 2023.