EnergyWatch

Vestager ready to conclude final settlement with Gazprom

According to a media in Brussels, Gazprom will likely escape a huge fine once again when Margrethe Vestager closes the case against the Russian company for abuse of market power Thursday.

Photo: /ritzau/AP/Virginia Mayo

The EU Commission, led by competitions commissioner Margrethe Vestager, is expected to close the case against Russian giant Gazprom for abuse of market power Thursday, reports EU media Politico.

The conflict between Gazprom and the EU Commission has lasted many years, but was officially launched by the Commission in April 2015 on the basis that Gazprom had abused its market power to demand higher gas prices and restrict the onsale of gas in eight Central and Eastern European countries.

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