Czech Cez won arbitration against Gazprom

Gazprom should now pay CEZ not only losses, but also interest in delaying payment and re -paying legal costs.

The Arbitration Court of the International Chamber of Commerce (ICC) has greatly enjoyed the Czech Communal Company Cez lawsuit. The Russian Gazprom now has to pay for it for damage to the amount of 1 billion Czech crowns ($ 42.16 million). Cez reported it on his website.

The injury was caused by a significant reduction in gas supplies to Gazprom in 2022, ordered by the CEZ from Gazprom before the Russian invasion of Ukraine. Cez was forced to cover this lack of gas, which was purchased at that time.

Gazprom should now pay CEZ not only losses, but also interest in payment delay, as well as paying legal costs.

“If the Gazprom is not voluntary, the CEZ will begin the implementation of the arbitration decision, that is, it will ensure the implementation of its requirements through the implementation proceedings,” the report said.

Remember that in June last year, the Stockholm arbitration court allowed the German company Uniper to end the long -term Gazprom exporting contract and awarded it 13 billion euros of compensation for gas deficiencies from gas In the middle of22022.

We added that in November of the same year, the Austrian oil company OMV won the lawsuit in the arbitration court in 230 million euros against the Russian Gazprom in a dispute to interrupt gas supplies under the contract of the contract of German. OMV does not exclude that Gazprom may stop providing gas in Austria for it.

In Moldova, the Gazprom is threatened with arbitration

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