Uniper Secures €13bn Arbitration Award Against Gazprom

German utility wins landmark case, terminating long-term gas supply contracts with Russian energy giant

Uniper awarded €13bn in damages for Gazprom's failure to supply gas since mid-2022.
The ruling allows Uniper to end long-standing contracts with Gazprom, severing ties with Russia.
European gas prices rose by 2.6% following the announcement due to concerns over supply disruptions.
The German government, which owns Uniper, will receive any compensation paid by Gazprom.
Uniper's legal victory removes a major risk ahead of its planned return to the stock exchange next year.