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Uniper considers damages claim against Gazprom in Swedish court – sources

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Frankfurt/Berlin, September 13 (Reuters) – Uniper (UN01.DE) Swedish arbitration court considering legal proceedings to claim billions of euros from Gazprom (GAZP.MM) Two people familiar with the matter said it was an unjustified cut in gas supplies.

Germany’s largest importer of Russian gas posted a loss of €12.3 billion ($12.3 billion) in the first half of the year, as supplies from Gazprom fell, forcing it to buy replacement volumes at higher prices. It had to be bailed out by the state.

At the Stockholm Arbitration Court, Uniper will seek claims, sources said, and has repeatedly handled gas contract disputes between Gazprom and its counterparts, including Poland’s PGNiG. (PGN.WA) And Ukrainian Naftogaz.

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Uniper, Europe’s most high-profile corporate victim to date of the energy crisis, said earlier this year that it was considering legal action against Gazprom, which could include arbitration proceedings. rice field.

Such proceedings typically take several years to reach a verdict.

“Of course, Uniper … will investigate such damage claims against Gazprom and, if the odds of success are high, will try to enforce it,” said Uniper, majority-owned by Finland’s Fortum. (FORTUM.HE)said in an email comment.

Gazprom is currently not sending gas through the Nordstream 1 pipeline after the flow was already reduced since June. read more

Uniper says declining supply from its largest supplier, Gazprom, has put the company on the brink of collapse and is the main reason for the government bailout, which has grown to €19 billion.

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Reporting by Christoph Steitz and Andreas Linke.Editing by Miranda Murray and Bernadette Baum

Our criteria: Thomson Reuters Trust Principles.

https://www.reuters.com/business/energy/exclusive-uniper-mulls-damage-claims-against-gazprom-swedish-court-sources-2022-09-13/ Uniper considers damages claim against Gazprom in Swedish court – sources

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