{"id":1110377,"date":"2025-03-11T21:06:00","date_gmt":"2025-03-11T19:06:00","guid":{"rendered":"https:\/\/uatv.ua\/?p=1110377"},"modified":"2025-03-11T16:27:44","modified_gmt":"2025-03-11T14:27:44","slug":"european-companies-demand-e18-billion-in-compensation-from-gazprom","status":"publish","type":"post","link":"https:\/\/uatv.ua\/en\/european-companies-demand-e18-billion-in-compensation-from-gazprom\/","title":{"rendered":"European companies demand \u20ac18 billion in compensation from Gazprom"},"content":{"rendered":"\n

European energy companies have filed claims against Gazprom totalling \u20ac18 billion over the suspension of gas supplies. This is almost twice as much as the Russian monopolist has in cash reserves.<\/p>\n\n\n\n

The largest claim – 14.3 billion euros – was filed by German Uniper. In June 2024, the Stockholm Arbitration Court satisfied it in full. Poland’s Europol Gaz is claiming \u20ac1.55 billion for losses due to the shutdown of the Yamal-Europe gas pipeline. Other claimants include:<\/p>\n\n\n\n

Engie (France) – EUR 305 million
OMV (Austria) – EUR 575 million
CEZ (Czech Republic) – EUR 58 million
ZSE Energia and Vychodoslovenska energetika (Slovakia) – EUR 9 million and EUR 4 million
DXT Commodities (Switzerland) – 385 million euros
Axpo Solutions (Switzerland) – 623 million euros

Gazprom has filed 13 counterclaims with the St Petersburg Arbitration Court in an attempt to block the proceedings outside Russia.

The total amount of the claims is almost equal to Gazprom’s annual revenue from gas exports: $10 billion in sales to Europe and Turkey, $7 billion in exports to China, and $2 billion in supplies to the CIS and Central Asia.<\/p>\n\n\n\n

As of 30 September 2024, the company’s financial reserves stood at RUB 933bn (USD 10.5bn), which covers only half of the claims made.<\/p>\n\n\n\n

The Russian gas company Gazprom is to pay the Czech semi-state energy company \u010cEZ more than a billion kroons (over EUR 40 million) for the reduction of the agreed natural gas supplies.<\/p>\n\n\n\n

Russian Gazprom’s deliveries to Europe via the Turkish Stream gas pipeline after the termination of transit through Ukraine in January 2025 reached a historic high, exceeding 50 million cubic metres per day.<\/p>\n","protected":false},"excerpt":{"rendered":"

European energy companies have filed claims against Gazprom totalling \u20ac18 billion over …<\/p>\n","protected":false},"author":67,"featured_media":1110378,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49,36418,36415],"tags":[78],"sources":[],"class_list":["post-1110377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-11473-news-en-2","category-11473-news-en","tag-homepage-en"],"acf":[],"yoast_head":"\nEuropean companies demand \u20ac18 billion in compensation from Gazprom - Freedom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uatv.ua\/en\/european-companies-demand-e18-billion-in-compensation-from-gazprom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European companies demand \u20ac18 billion in compensation from Gazprom - 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