22-04-15

EU Commission goes against Gazprom's "unfair pricing policy"

cep energy expert Goetz Reichert: Given the high dependency of many EU states on Russian gas deliveries, it is especially important that Gazprom adheres to EU rules

EU Commission takes actions against Gazprom

The European Commission has sent a Statement of Objections to Russia’s energy giant Gazprom alleging that some of its business practices in central and eastern European gas supply segment the EU's Single Market and constitute an abuse of its dominant market position in breach of EU antitrust rules, the Commission said Wednesday. The Commission's preliminary view is that Gazprom is pursuing an overall strategy to partition central and eastern European gas markets with the aim of maintaining an unfair pricing policy in several of those member states. “Competition between energy suppliers in the EU internal market ought to protect consumers against overpricing,” explains cep energy expert Goetz Reichert. “Given the high dependency of many EU states on Russian gas deliveries, it is especially important that Gazprom adheres to the EU rules.”