GAIL seeks USD 1.8 bn from former Gazprom unit, Auto News, E

GAIL seeks USD 1.8 bn from former Gazprom unit, Auto News, ET Auto

State-owned Gail India on Friday said it has initiated legal proceedings against a former unit of Russian energy giant Gazprom for non-delivery of LNG and has sought USD 1.817 billion in damages. In a stock exchange filing, the gas utility said it has filed an arbitration claim before the London Court of International Arbitration for "non-supply of LNG cargoes under long-term contract."

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