Czech company wins landmark case against Gazprom

Series Title
Series Details 26.10.12
Publication Date 26/10/2012
Content Type

EurActiv reported that RWE Transgas, the Czech unit of Germany's RWE, won a landmark legal dispute with Gazprom in October 2012 over gas contracts, after a court ruled for the first time that a company did not have to pay fines under a 'take-or-pay' clause.

The verdict was likely to play into the hands of Gazprom's disgruntled clients in Europe who may follow RWE and challenge 'take-or-pay' claims from the Russian giant which fine them if they do not buy a minimum amount of gas.

Source Link http://www.euractiv.com/energy/czech-company-wins-landmark-case-news-515699
Related Links
ESO: Background information: Gazprom may unbundle to escape EU claims http://www.europeansources.info/record/gazprom-may-unbundle-to-escape-eu-claims/

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