Bulgaria's state-owned gas supplier Bulgargaz said on July 9 that it was taking Gazprom to court, seeking more than 400 million euros ($432 million) in damages because the Russian company cut off of supplies after Moscow's invasion of Ukraine. Bulgaria, which was almost totally dependent on Russia for its gas, and Poland were the first EU countries that saw their supplies halted after refusing to pay for the gas in rubles as demanded by Moscow in response to Western sanctions. Two months ago, Bulgargaz invited Gazprom to settle the dispute out of court. "As the Russian side did not take any action to resolve the issue out of court, Bulgargaz took the necessary steps to protect the company's interests," the group said, adding that it had launched legal proceedings before the Court of Arbitration at the International Chamber of Commerce in Paris.
Bulgaria Takes Russia's Gazprom To Court Over Halted Supplies
Bulgaria has taken Gazprom to the Court of Arbitration in Paris, seeking hundreds of millions of dollars in damages. (file photo)