Gazprom Says Progress Made in EU Anti-trust Talks
Gazprom said on Friday that anti-trust talks with the European Competition Commissioner Margrethe Vestager had made progress. The Russian state-controlled company is fighting allegations of overcharging customers and blocking East European rivals in contravention of EU rules. It denies the allegations. Gazprom said it and the European Commission had agreed to continue work on "seeking a mutually acceptable solution" in relation to the EU's investigation into the company's practices. "We are satisfied about the outcome of today's meeting…
Gazprom, EU in Final Leg of Talks, Aiming for Oct Deal
Russian gas producer Gazprom may be able to resolve EU antitrust charges of abusing its market power in eastern Europe by the end of October as it enters the final phase of talks with regulators, a person familiar with the matter said on Friday. The Russian state-controlled company has been accused of overcharging customers and blocking rivals in eastern Europe, practices which the European Commission say breach the bloc's rules on fair play. Talks with the EU competition enforcer to settle the five…
Gazprom Deputy CEO to Meet EU's Vestager
Gazprom Deputy Chief Executive Alexander Medvedev plans to meet European Competition Commissioner Margrethe Vestager after May 10, Interfax news agency reported, citing Medvedev, on Tuesday. Gazprom and the European Commission are moving towards a "mutually acceptable" solution in resolving antitrust charges against the Russian state-controlled company, it said in March. (Reporting by Polina Devitt)
Gazprom on 'Statement of Objections' by EU Commission
On April 22, 2015 the European Commission published a press release on its official website, according to which the European Commission adopted a “statement of objections” in the course of ongoing antitrust investigation of OAO “Gazprom” activity in the European Union (EU). OAO Gazprom considers the claims brought by the European Commission to be unsubstantiated. In the meantime, the adoption of the “statement of objections” by the European Commission is just one of the stages of the antitrust investigation and does not imply holding OAO “Gazprom” liable for any violation of the EU antitrust legislation.
GasAtacama has US LNG Providers Lined Up
GasAtacama, energy provider to metal producers in Chile's Atacama desert, has lined up eight potential U.S. natural gas suppliers for a proposed import terminal on its Pacific Coast, but uncertainty about energy demand has delayed deals, CEO Rudolf Araneda told Reuters on Thursday. GasAtacama plans to build a $350 million offshore liquefied natural gas (LNG) import terminal that would take shipments of the fuel to help create 500 megawatts of electricity for power-hungry miners in the mineral-rich north.
