> Now that the Western sanctions are strangling Russian economy - if Gazprom wanted to come back to European market - they would be first greeted by billions of dollars of contract charges in arbitration courts.
This is not merely hypothetical. Uniper, one of Gazproms biggest customers in Europe, is already suing for $12 billion in damages. And that is only one of many former customers.
It’s probably worth adding here that according to a quick google search - the cost of Nordstream2 project is $11B. So one might imagine that the costs of potential repairs are negligible in comparison.
This is not merely hypothetical. Uniper, one of Gazproms biggest customers in Europe, is already suing for $12 billion in damages. And that is only one of many former customers.
https://www.reuters.com/business/energy/uniper-seeking-billi...