EU energy giant terminates Russian gas supply contracts ...News

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EU energy giant terminates Russian gas supply contracts
Germany’s Uniper has won arbitration proceedings against a Gazprom subsidiary Germany’s largest gas importer, Uniper, has decided to terminate its gas supply contracts with a subsidiary of Russian energy giant Gazprom, legally ending its long-term relationship with the corporation on Wednesday. Uniper launched arbitration proceedings against Gazprom Export in 2022, claiming damages due to undelivered gas supplies. Only limited gas had been delivered since June 2022, and the company halted purchases completely in August of that year after the EU introduced sanctions on Moscow over the Ukraine conflict. However, the

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