Vilnius Regional Administrative Court has rejected OAO Gazprom's compliant against Lithuania's Competition Council.
© Reuters/Scanpix

Gazprom had asked the court to annul the Competition Council's decision of 10 June 2014 as unlawful. In this decision, the authority stated that Gazprom's actions had violated the Council's decision of 18 March 2004 and the company subsequently was fined EUR 35,651,268.

Vilnius Regional Administrative Court concluded that the Competition Council's decision was lawful and justified made within the authority's competence, having taken into account all factual circumstances. As a result, the claimant's complaint was rejected as ungrounded.

According to the court, a condition tied to Gazprom's acquisition of a 34-percent stake in Lietuvos Dujos (Lithuanian Gas) back in 2004 laid down a clear obligation for the Russian company not to create barriers for Lithuanian consumers to buy gas from other suppliers. Therefore, Gazprom's refusal to negotiate with Lietuvos Energijos Gamyba (formerly Lietuvos Energija) prevented it from doing so and made it possible for the Russian company to maintain its position as the sole gas supplier.

It is forbidden to copy the text of this publication without a written permission from ELTA.

President's proposed faster pension rise to cost EUR 65 mln in 2 years

A faster increase in pensions, proposed by Lithuanian President Gitanas Nauseda, will cost the state...

Foreign countries surprised by Lithuanian success in this field

Growing social pressure regarding waste and ecology forces countries to introduce packaging...

Residents to be offered EUR 1,000 for less polluting cars

Lithuanian residents will be able to ask for 1,000 euros in compensation when changing their old...

Biggest land owners in Lithuania named

Ramunas Karbauskis , leader of the ruling Lithuanian Farmers and Greens Union, businessman Darius...

Representatives of ruling party propose taxing large retailers

Representatives of the ruling Lithuanian Farmers and Greens Union have proposed introducing a new...