Bartimpex to sue Gazexport for $50 million

The deal stated that Bartimpex will supply Polish Oil and Gas with Russian gas at a 0% margin in exchange for food that was to be purchased by Exima, a Russian company. Gazexport's part in the operation was to ensure finance for the deal, but it failed to do this. Bartimpex has already sent Gazexport an overdue payment notice and is demanding $50 million in damages. Reportedly, Gazexport failed to meet the terms of the contract due to a disagreement with Exima. (Puls Biznesu, p. 7) M.G.