Loading...
Market
Story
Bulgaria's Bulgargaz Seeks €400 Million (over $430 million) from Gazprom in Arbitration
Jul 9, 2024, 02:10 PM
Bulgaria's state-owned gas supplier, Bulgargaz, has initiated arbitration proceedings against Russia's Gazprom, seeking compensation of more than €400 million (over $430 million). The claim arises from Gazprom's suspension of Bulgargaz's long-term contract in 2023, which covered 90% of the natural gas delivered by Bulgargaz to its customers. The suspension followed Russia's invasion of Ukraine, which led to a significant cut in gas supplies.
View original story
Similar markets
Wage increase • 25%
No change in wages • 25%
Improved working conditions • 25%
Other • 25%
Rail employees • 25%
Railway companies • 25%
Both equally • 25%
Neither • 25%
Settlement reached • 25%
Court ruling in favor of Nord Stream AG • 25%
Court ruling against Nord Stream AG • 25%
No resolution • 25%
Ukraine lifts sanctions • 25%
Hungary secures EU exemption • 25%
New transit agreement • 25%
No resolution • 25%
Suspects apprehended and charged • 25%
Suspects apprehended but not charged • 25%
Suspects remain at large • 25%
Case remains unresolved • 25%
Complete resolution • 25%
Partial resolution • 25%
No resolution • 25%
Escalation of issues • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
