Bulgargaz Seeks 400 Million Euros from Gazprom in Arbitration Claim

Bulgargaz,Bulgaria's state gas supplier, has initiated legal proceedings against Gazprom, the Russian energy giant, seeking 400 million euros in compensation for damages caused by the unilateral suspension of natural gas supplies over two years ago, by the end of April 2022, reports BNT.

The arbitration claim was lodged recently at the International Chamber of Commerce's Arbitration Court in Paris, as confirmed b