The Russian company reportedly informed energy giant Uniper that it could not honor supply contracts due to “extraordinary” circumstances.
The German energy company Uniper rejected the ‘force majeure’ claim by Russian energy giant Gazprom that is preventing contractual gas supplies from Europe, CNBC reported on Tuesday.
Force majeure, a legal term used in contracts, is an unforeseeable and unavoidable situation that interrupts the expected course of events and prevents the parties to a contract from fulfilling their obligations, while theoretically exonerating them from penalties.
Gazprom has sent a letter to Uniper informing the German company that it cannot guarantee gas supplies to the EU via the Nord Stream 1 gas pipeline retroactively from June 14 due to “extraordinary” circumstances beyond his control, Reuters reported on Monday.
“It is true that we received a letter from Gazprom Export in which the company retroactively invokes force majeure for past and current shortfalls in gas deliveries. We consider this to be unjustified and have formally rejected the force majeure claim”, CNBC quotes Uniper spokesman Lucas Wintgens.
CNBC reports that another German energy company, RWE, has also confirmed that it received Gazprom’s force majeure notice.
According to Reuters, the letter referred to deliveries to Germany via the Nord Stream 1 gas pipeline. don’t resume.
Last month, supply through the pipeline was cut by 60% as a vital piece of equipment was not returned in time for repairs in Canada due to sanctions imposed on Russia. According to the media, the gas turbine should be back in Russia within a week.
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