News

24 May 2018

European Commission has decided to end antitrust investigation into Gazprom

Today, in the context of the ongoing antitrust investigation and charges issued by DG Competition, the European Commission has announced that it finds Gazprom’s latest post-market test commitments proposal acceptable. As a result, European Commission has decided to end its investigation into the company and will undertake no further action in this regard.  

 “We are satisfied with the commitments decision announced today by the European Commission in relation to the settlement of the investigation.  We were always committed to cooperate in good faith in order to find a constructive, mutually acceptable solution in accordance with the established procedure.
We believe that today’s decision is the most reasonable outcome for the well-functioning of the entire European gas market.

Gazprom has always been honoring applicable provisions of the EU competition law and reaffirms its commitment to comply with them in future”, said PJSC Gazprom’s Deputy Chairman of the Management Committee Alexander Medvedev.
 

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