Uniper Subsidiary Sues Gazprom for €45M Over OPAL Pipeline Gas Transit

Here’s a breakdown of the key facts from the provided text, focusing on the legal dispute between Uniper/Lubmin-Bandov and Gazprom:

* The Lawsuit: Uniper’s subsidiary, Lubmin-Bandov Gastransport, has filed a €45 million lawsuit against Gazprom for gas not transported through the OPAL pipeline. This stems from Gazprom reducing gas deliveries after the 2022 Ukraine invasion and subsequent Western sanctions.
* Basis of the Claim: The lawsuit is based on a transit contract signed in 2012 for the OPAL pipeline, which is an extension of the Nord Stream pipeline. Lubmin-Bandov owns 20% of OPAL.
* Gazprom’s Response: Gazprom Export is fighting the lawsuit. Thay’ve asked a St. Petersburg arbitration court to block the Geneva proceedings.
* Russian Court Ruling: The St. Petersburg court ruled in Gazprom’s favor and issued an anti-suit injunction,preventing Lubmin-Bandov from continuing the case in Geneva.
* Threat of fines: lubmin-bandov was warned it could face fines equal to the €45 million claim if it proceeds with arbitration in Geneva despite the Russian court order.
* Lubmin-Bandov’s non-Participation: The company did not respond to or attend the court hearing in Russia.
* Pattern of Rulings: The St. Petersburg court has issued similar rulings against other European gas operators (Gasunie, BBL Company, Net4Gas) attempting to pursue arbitration against Gazprom over Nord Stream transit fees.
* Uniper Nationalization: Germany nationalized Uniper in 2022 with a €13.5 billion bailout.
* Related News: Germany’s Uniper was awarded 13 billion euros for lost Russian gas.

In essence, this is a complex legal battle where Gazprom is attempting to use the Russian court system to prevent European companies from seeking compensation for lost gas supplies in international arbitration.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.