GAZPROM WILL FIGHT EU MARKET ABUSE CLAIMS
April 21st, 2015
GAZPROM has declared that it will fight the European Commission inquiry into possible dominant position abuses, even though the Russian position could be weak. The European Commission sent Gazprom a ‘Statement of Objections’ on April 22, accusing the Russian energy giant of abusing its dominant position in central and eastern European gas markets, a charge the company denies. Gazprom now has 12 weeks to respond and can request an oral hearing to put its case. However, the Commission has no legal deadline to complete its inquiries so it is uncertain when the ...
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