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International

Uniper seeks billions of dollars in damages from Gazprom over undelivered gas

December 01, 2022 Reprints

German energy company Uniper SE has initiated an arbitration process against Russian energy company Gazprom PJSC, seeking billions of dollars in compensation for undelivered natural gas, Devdiscourse reported citing Reuters. Uniper alleges that Gazprom breached its contractual duties by not supplying the agreed volumes of natural gas, causing Uniper to absorb around €11.6 billion ($12 billion) in additional costs to replace the Russian gas.

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Uniper seeks billions of dollars in damages from Gazprom over undelivered gas

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