US EditionGerman energy company Uniper says a tribunal awarded it billions in damages from Russia’s Gazprom
- Uniper was awarded over 13 billion euros in damages by a tribunal for gas not supplied by Russia's Gazprom since 2022.
- The arbitration tribunal in Stockholm granted Uniper the right to terminate long-term gas contracts with Gazprom Export, leading to the formal end of their relationship.
22 Articles
22 Articles
The German gas giant had seen its gas deliveries cut off in 2022 by its former Russian partner.
German Energy Company Uniper Says a Tribunal Awarded It Billions in Damages From Russia's Gazprom
BERLIN (AP) — German energy company Uniper said Wednesday that a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia's Gazprom hasn't supplied since 2022.
Uniper wins $14 billion arbitration ruling against Gazprom
German utility Uniper has won a multi-billion euro arbitration against former long-time supplier Gazprom , it said on Wednesday, allowing it to tear up dormant gas supply contracts and potentially setting a precedent for similar cases.
German energy company Uniper says a tribunal awarded it billions in damages from Russia's Gazprom
BERLIN (AP) — German energy company Uniper says a tribunal has awarded it more than 13 billion euros (nearly $14 billion) in damages for gas that Russia’s Gazprom hasn’t supplied since 2022. Uniper said Wednesday that the arbitration tribunal based in Stockholm also ruled on June 7 that it has the right to terminate long-term gas supply contracts with state-owned Gazprom Export, and it is now formally ending the relationship. The German governme…
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