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    Gazprom files lawsuits against OMV, ZSE and CEZ in Russia

Summary

Kremlin-controlled energy giant Gazprom has filed lawsuits in a Russian court against Czech utility, Austria's OMV Gas Marketing & Trading OMVV.VI and Slovak energy group ZSE, according to court documents.

by: Reuters

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Political, News By Country, Russia

Gazprom files lawsuits against OMV, ZSE and CEZ in Russia

 - Kremlin-controlled energy giant Gazprom has filed lawsuits in a Russian court against Czech utility, Austria's OMV Gas Marketing & Trading OMVV.VI and Slovak energy group ZSE, according to court documents.

No more information was available.

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Gazprom and some other Russian companies are trying to move court cases to Russia from international arbitration. Many of the disputes stem from the breakdown of business relations between Russia and the West over the conflict in Ukraine.

According to CEZ, a Swiss arbitration tribunal had begun to consider its claim of more than 1 billion crowns ($42.7 million) against Gazprom for lower-than-contracted gas delivery.

Austria is seeking to take more radical steps, including ending OMV's long-term contract to buy gas from Gazprom.

The UK Supreme Court ordered on Tuesday a subsidiary of Gazprom to stop suing Italian bank UniCredit CRDI.MI in Russia over an aborted gas project.

 

(Reporting by Vladimir SoldatkinEditing by Mark Potter)