16.04.2024

Russia’s Gazprom ‘Satisfied’ After Settling EU Antitrust Case Without Fines

Russian gas giant Gazprom welcomed the European Union’s decision to settle its seven-year-long investigation of the firm without fines on Thursday.

«We are satisfied with the commitments decision announced,» Gazprom’s Deputy Chief Executive Alexander Medvedev said in a statement. «Today’s decision is the most reasonable outcome for the well-functioning of the entire European gas market.»

Gazprom Lobbyists Spent $1 Mln Shielding European Pipeline From Sanctions

He said Gazprom is commited to comply with them in future.

EU antitrust regulators ended a seven-year-long investigation into Gazprom on Thursday after the Russian gas giant agreed to reforms aimed at bringing down gas prices and allowing rivals a foothold in eastern Europe.

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