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Ukraine estimates losses from Russian occupation of Crimea at $118 billion.

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Prime Minister Denys Shmyhal said during the international Crimea Platform summit that the peninsula has turned into a huge military base in eight years of the Russian occupation.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Ukraine's state energy giant Naftogaz has signed its first agreement to import natural gas from Azerbaijan, the company said in a press release on July 28. The deal comes as gas storage reserves have fallen to their lowest level in at least 11 years, driven by Russian attacks on Ukraine's energy grid.

"Ukraine has already achieved a lot on its European path. It must build on these solid foundations and preserve independent anti-corruption bodies, which are cornerstones of Ukraine's rule of law," European Commission President Ursula von der Leyen said on July 27.

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