EU Almunia: Looking into Gazprom Commitments, Further Meetings Planned

EU Almunia: Looking into Gazprom Commitments, Further Meetings Planned
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Τετ, 18 Δεκεμβρίου 2013 - 18:41
Further meetings are planned between Russian energy giant OAO Gazprom (GAZP.RS) and European Union regulators after the company's submission of proposals to address antitrust concerns, the European Commission said Wednesday.
Further meetings are planned between Russian energy giant OAO Gazprom (GAZP.RS) and European Union regulators after the company's submission of proposals to address antitrust concerns, the European Commission said Wednesday.

Gazprom last Friday submitted draft proposals to address regulators' complaints over its pricing and other practices in its contracts with EU member states.

"We received a formal proposal of commitments that we are starting to analyse and probably we'll need to explore some [...] details in technical meetings with Gazprom [...]," the EU's antitrust chief Joaquin Almunia told reporters in
Brussels . "We are starting our analysis".

Mr. Almunia said he had held a "constructive" meeting with Gazprom's director general, Alexander Medvedev, earlier this month.

The EU launched its high-profile probe into Gazprom in September last year, after raids on the company's offices in September 2011. Days after the EU announced its investigation, the Kremlin fired back with a decree preventing the company from disclosing information to foreign regulators without government permission.

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