Latest development Jan 20, 2026
A French court lifted the €364M attachment over Engie’s debts to Gazprom.
The award
- Amount awarded
- More than €13B in damages
- Award holder
- Uniper Global Commodities and METHA-Methanhandel (recoveries pass to the German federal government)
- Respondent
- Gazprom Export LLC
- Forum
- Ad hoc arbitration · Swiss law · seat Stockholm (as reported by IAReporter)
Challenges
No set-aside action has been reported. A St. Petersburg commercial court enjoined the arbitration on March 13, 2024 (A56-16212/2024) under a €14.3B penalty. The injunction was upheld on cassation, and the Russian Supreme Court refused review in October 2024.
Enforcement
Germany: interim orders for about €8B (2022) and garnishment of Gazprom receivables, including from the insolvent Gazprom Austria. France: a €364M attachment over Engie’s debts to Gazprom was lifted on January 20, 2026.
Recovered to date
Undisclosed and reported as small. Separately, €530M of withheld payments passed to the government.