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Bulgaria sues Russian Gazprom over suspension of a long-term contract

Bulgarian gas company Bulgargaz started arbitration proceedings against Russian Gazprom, the Bulgarian company said in a press release published on its website. In 2023, the...

SEE region: MOL launches new arbitration proceeding against Croatia

The Hungarian oil company MOL has launched a new arbitration proceeding against Croatia and is seeking compensation for damages caused by the government's anti-inflation...

SEE region: Eurohold launch 500-million-euro arbitration proceedings against Romania

Eurohold Bulgaria and Euroins Insurance Group AD have officially filed a request for arbitration against the government of Romania at the International Centre for...

Bulgaria: Bulgargaz claims 400 million euros from Gazprom for gas supply suspension

The management of natural gas supplier Bulgargaz decided to seek 400 million euros from Gazprom for the 2022 suspension of fuel supplies. The decision was published...

BH Gas and Energoinvest have to pay 11 million dollars to the Hungarian FGSZ due to switching to Turkish Stream

The arbitration court in Zurich, Switzerland, decided that BH-Gas and Energoinvest are obliged to pay 11.16 million dollars to the Hungarian carrier FGSZ due...

Greece: DEPA to go to arbitration with Gazprom over gas prices

Greek gas supplier DEPA Commercial has decided to seek arbitration over its gas supply contract with Gazprom, DEPA CEO Constantinos Xifaras was quoted by...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...