Organisation: Gazprom
Russia sues arbitrators and counsel in ECT dispute
Russia has reportedly asked its own courts to restrain a German oil and gas producer from pursuing an Energy Charter Treaty claim on pain of a €7.5 billion penalty, while seeking to have the arbitrators and the investor’s German law firm held jointly liable if the arbitration proceeds.
17 April 2025
UniCredit fails to overturn Gazprom’s Russian injunctions
A Russian court has upheld injunctions obtained by a Gazprom affiliate in a long-running dispute with UniCredit over unpaid bonds that has led to conflicting decisions between the Russian and UK courts.
10 April 2025
RWE reports win against Gazprom
German energy company RWE says it prevailed in its ICC arbitration with Gazprom’s export arm over gas supplies halted following Russia’s invasion of Ukraine.
20 March 2025
Czech energy group declares win against Gazprom
Czech energy group CEZ says it has won more than €42 million in an ICC claim against Gazprom’s export arm over its curtailment of gas supplies following Russia’s full-scale invasion of Ukraine.
26 February 2025
UK appeal court reverses injunction against Gazprom venture
The Court of Appeal in London has granted UniCredit’s request to lift an anti-suit injunction it won against a Gazprom joint venture after the bank said it wanted to avoid an “eye-watering” fine from the Russian courts.
11 February 2025
European banks seek to reverse injunctions against Gazprom venture
Italy’s UniCredit has asked a UK court to lift an anti-suit injunction it won against a Gazprom joint venture because it faces “potentially draconian financial consequences” in parallel proceedings in Russia – and says two other European banks have made similar applications.
06 February 2025
Former Gazprom unit settles with Indian state entity
India’s state-owned gas company GAIL says that a former Gazprom unit has agreed to pay US$285 million to end their LCIA dispute over disrupted LNG supplies.
16 January 2025
Gazprom venture settles Kazakh gas supply dispute
An affiliate of Russia’s Gazprom says it has settled a billion-dollar arbitration with an Eni-Shell consortium over supply of gas from the Karachaganak field in Kazakhstan.
02 January 2025
Russian court restrains German bank’s ICC claim
A Russian court has ordered Germany’s Commerzbank to withdraw a €95 million ICC case against a Gazprom affiliate over a guarantee for a gas plant project and seek to overturn an English anti-suit injunction issued in support of the arbitration.
11 December 2024