Germany’s Uniper sues Gazprom over €11.6bn losses

Germany's Uniper sues Gazprom over €11.6bn losses

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The German energy company Uniper wants to compensate for losses from shortages of gas from Russia. To do this, she files a lawsuit against Gazprom. The company estimates the total losses from the replacement of Russian gas at €11.6 billion. press office companies.

As follows from the press release, Uniper is demanding compensation from Gazprom for losses due to shortages of Russian gas since June. As a result of the reduction, the company was forced to purchase additional volumes of gas at a higher price in order to continue to fulfill its obligations to customers.

Uniper has spent at least €11.6 billion to replace Russian gas since the cut. The company expects that the cost of additional gas purchases will increase until the end of 2024.

“We demand compensation for significant financial damage in the course of the proceedings. We are talking about the volumes of gas that were agreed with Gazprom under the contract, but were not delivered, and because of which we had to buy replacements at extremely high market prices, which is still going on. We incurred these costs, but they are not our responsibility, ”the company’s press service quotes the words of CEO Klaus-Dieter Maubach.

The news is being added.

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