EU wants to see Gazprom contracts with European clients


The EU wants to examine the contracts which Gazprom has signed with European companies, amid suspicions that the Russian state energy giant has imposed unfair prices which breach the bloc’s trading rules, a German newspaper reported.

Contacted on the story in Wednesday’s edition of the Frankfurter Allgemeine Zeitung (FAZ) daily, which cites an internal EU document, there was no comment from Brussels.


Last April the European Commission, the EU’s executive arm, accused Gazprom of infringing the bloc’s single market rules, in a row which threatens to aggravate EU-Russian relations already strained over Moscow’s interventions in Ukraine and Syria.


The European Commission accuses Gazprom of significantly hindering competition in Central and Eastern European gas markets, where the company is by far the dominant supplier.


Specifically, the EU accuses Gazprom of breaching single market rules by forbidding the resale of its gas between EU countries, allowing the Russian giant to charge unfair prices.


Gazprom has firmly rejected the accusations.


Brussels opened an inquiry into Gazprom’s practices back in 2012.

Source: energy world magazine