French energy giant sues Gazprom ...News

Economy by : (Russia Today) -
Engie is seeking compensation over halted Russian gas supplies French utilities company Engie announced on Tuesday it has initiated an arbitration procedure against Russia’s Gazprom over its non-compliance with gas delivery obligations. The Paris-based firm said it wanted payment of contractual penalties as well as compensation for damages resulting from the supply halt. Gazprom said it stopped natural gas deliveries in August after the French side failed to pay for July deliveries in full. “This arbitration procedure is due to the significant delivery shortages by Gazprom Export LLC to Engie as of mid-June 2022,

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