Norway seized a Russian vessel at the request of Ukrainian state energy company Naftogaz over Russia’s failure to pay a $4.22 billion arbitration award for assets seized in Crimea.

INTELLIGENCE SUMMARY

Norway seized a Russian vessel at the request of Ukrainian state energy company Naftogaz over Russia’s failure to pay a $4.22 billion arbitration award for assets seized in Crimea. The vessel, Professor Molchanov, is barred from leaving Svalbard. Naftogaz says it will continue pursuing Russian assets in other countries until the compensation is paid. Source: Reuters