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Naftogaz enforcing its arbitration award against Russian assets

Norway has seized the Russian ship Professor Molchanov at Svalbard so that Naftogaz can enforce a $4.22 billion arbitration award for assets expropriated after the annexation of Crimea. We are tracking how the dispute develops and whether another country follows Norway and Finland in seizing Russian assets.

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1/5 fulfilled ⏳ 4 pending tracking since 3.9.2026 check by 17.10.2026

The article that started it

Nórsko zadržalo ruskú loď pri Špicbergoch. Naftogaz jej zaistením vymáha 4,22 miliardy dolárov

Nórsko zadržalo ruskú loď pri Špicbergoch. Naftogaz jej zaistením vymáha 4,22 miliardy dolárov

Guvernér Špicbergov zadržal ruskú loď Professor Molchanov v Barentsburgu. Naftogaz ňou vymáha nález za majetok vyvlastnený po anexii Krymu.

5.9.2026

What we are still watching

  • A Norwegian court has ruled on Russia's appeal against the order to seize the Professor Molchanov.
  • Another country where Naftogaz's award is recognised has seized Russian commercial assets.
  • Russia has seized a commercial vessel of a European country in retaliation.
  • Russia has called Norway's action a breach of its rights under the Svalbard Treaty.

What has happened

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