A long-running legal dispute involving Croatian gas supplier Prvo Plinarsko Društvo (PPD) and Gazprom Export has entered a new phase after the Court of Justice of the European Union ruled that it lacks jurisdiction over the case. The dispute, valued at around 35 million euros, will now be handled by national courts in Croatia.
According to the ruling, all parties involved, including Privredna Banka Zagreb (PBZ), are expected to continue their claims through the Croatian judicial system. The conflict stems from a long-term gas supply agreement signed in 2017, which included several amendments and was originally intended to last for ten years.
The situation escalated in 2022 when Gazprom Export introduced changes to the payment terms following directives from Russian authorities. The new requirement mandated that gas payments be made exclusively in rubles, deviating from the original contractual terms agreed upon by both sides.
This shift in payment conditions sparked the dispute, which has remained unresolved for several years. Although the EU court has now stepped aside, the final outcome will depend on domestic legal proceedings in Croatia, where the case will continue.
