Gazprom Offers Concessions to Settle EU Antitrust Charges

Russian natural gas producer Gazprom has offered concessions in a bid to settle European Union charges of over-charging customers in eastern and central Europe and also stave off a possible fine, the company said on Monday.

"We can confirm that Gazprom has submitted a draft settlement proposal to the European Commission concerning the ongoing antitrust case," the company said in a statement, without providing details.

"We hope to discuss this proposal with the representatives of the Commission in the near future in order to come to a settlement agreement."

Interfax news agency reported about the Gazprom offer earlier on Monday.

(Reporting by Foo Yun Chee)