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bignewsnetwork.com 15 Jan, 2022 14:45 am

Gazprom takes EU state to court

Gazprom takes EU state to court
Russian energy giant seeks arbitration against Polands main gas retailer over contract price Gazprom Export h

Gazprom takes EU state to court Russian energy giant seeks arbitration against Poland's main gas retailer over contract price Gazprom Export has applied for international arbitration in its dispute with PGNiG over an upward revision of a gas contract price, a demand the Polish state-owned gas monopoly has said it would fight in court."As business negotiations on the price revision in line with above requests did not lead to agreements, we referred the dispute to arbitration, in full compliance with the contract terms," Gazprom Export said in a statement.Gazprom Export noted that it had sent a request to PGNiG to revise the price of gas under the contract starting from November 2017, before making another request three years later.com) Russian energy giant seeks arbitration against Poland's main gas retailer over contract price Gazprom Export has applied for international arbitration in its dispute with PGNiG over an upward revision of a gas contract price, a demand the Polish state-owned gas monopoly has said it would fight in court.

"As business negotiations on the price revision in line with above requests did not lead to agreements, we referred the dispute to arbitration, in full compliance with the contract terms," Gazprom Export said in a statement.Gazprom Export noted that it had sent a request to PGNiG to revise the price of gas under the contract starting from November 2017, before making another request three years later.

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