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GAIL: Former Gazprom unit says Russian sanctions disrupted LNG supply to GAIL

GAIL, an Indian gas utility, faced supply disruption due to sanctions imposed by Moscow on SEFE, a former unit of Russian energy giant Gazprom. GAIL filed an arbitration claim seeking USD 1.8 billion from SEFE for non-supply of LNG cargoes. SEFE, now state-owned by Germany, denied owing more than contractually limited amounts.

Former Gazprom unit says Russian sanctions disrupted LNG supply to GAIL

GAIL had in December last year filed an arbitration claim before the London Court of International Arbitration seeking USD 1.8 billion from SEFE for "non-supply of LNG cargoes under long-term contract."

Gail (India) Limited | Russian energy giant Gazprom denies payout to GAIL for supply default amid Ukraine war

Gail (India) Limited | Russian energy giant Gazprom denies payout to GAIL for supply default amid Ukraine war
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