Poland urges EU to set antimonopoly fine on Russia’s Gazprom 05/29/2017 | By Annie Tsoneva, EMIS Editor

PGNiG demands competitive conditions on the gas market

Poland has urged Brussels to set a fine on Russia’s gas giant Gazprom for breaking the antimonopoly rules of the European Union, newswire Prime reported citing Polish state oil and gas company PGNiG as saying. “The European Commission should financially punish Gazprom and create competitive conditions on the gas market," the company said in a statement.

PGNiG demands Gazprom to reduce the maximum volume of natural gas set in the take-or-pay contract rule to 75% and to sell its shares stakes in the OPAL and Yamal-Europe gas pipelines. The EC started an antimonopoly investigation against Gazprom in August 2012.

According to Brussels, the Russian company limited free supplies to eastern EU countries by splitting gas markets, preventing diversification of supplies and setting unfair prices. In March, the EC announced Gazprom's proposals for a peaceful settlement of the case. Now the EC is considering the answers of the participants of the European gas market to Gazprom’s offer.

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Original source: Prime - Business News in English
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