[Russia] - Bulgaria Takes Gazprom to Court Over Halted Supplies

INSUBCONTINENT EXCLUSIVE:
Bulgaria's state-owned gas supplier Bulgargaz said Tuesday it was taking Gazprom to court and seeking millions of euros in damages over the
Russian company's cut of supplies after its invasion of Ukraine.Bulgaria, which was almost totally dependent on Russia for its gas, and
Poland were the first EU countries that saw their supplies halted after refusing to pay for the gas in rubles as demanded by Moscow in
response to Western sanctions.Two months ago Bulgargaz invited Gazprom to settle the dispute out of court."As the Russian side did not take
any action to resolve the issue out of court, Bulgargaz took the necessary steps to protect the company's interests," the group said in a
statement on Tuesday.It added that it had launched legal proceedings on Monday before the Court of Arbitration at the International Chamber
of Commerce in Paris, claiming over 400 million euros ($432 million) in damages over gas that had not been delivered between the cut in late
April 2022 and the expiration of its contract in end-2022.Before the abrupt halt, Bulgaria received 90% of its gas from Gazprom.Since then,
the country had to urgently find supplies from other sources.It now covers a third of its annual consumption of about 3.0 billion cubic
meters of gas through imports from Azerbaijan and buys liquified natural gas from the United States and the Middle East through terminals in
neighboring Greece and Turkey.It also signed in January 2023 a long-term agreement with Turkey's Botas, giving both countries access to
their gas infrastructure, which Sofia had recently sought to have reviewed.Meanwhile, Gazprom's main customer in Germany, Uniper, won the
right in June to claim "more than 13 billion euros" in compensation for gas supply cuts by its former Russian partner since mid-2022,
following a favorable ruling by an arbitration tribunal in Stockholm.The total halt in deliveries had brought the group to the brink of
bankruptcy and the German government rescued it by nationalizing it.Another German energy company, RWE, has also filed a suit against
Gazprom over the cuts.