Uniper’s Crafty Legal Tactic Helped It Recoup Millions From Gazprom

When Russia launched its full-scale invasion of Ukraine in 2022, the effects in Europe were immediate.

The offensive not only abruptly curtailed gas supplies to the continent, it also dismantled decade-old agreements between European utilities and Russian energy giant Gazprom. That triggered an energy crisis, leaving Europe’s biggest suppliers — Italy’s Eni, France’s Engie, Austria’s OMV and Germany’s Uniper and RWE — facing billions in losses.