The European Union's (EU) Competition Commissioner Margrethe Vestager has so far refused to comment on the possibilities for European countries to get compensations from Russia's Gazprom gas concern over past overcharging for gas, saying she did not know when the European Commission would complete the Gazprom anti-monopoly survey on its operations in Central and Eastern Europe.
Margrethe Vestager
© DELFI / Domantas Pipas

"I don't know yet the conclusion of this case and that is part of reason why it is difficult to give clear comment on the (Lithuanian) president's stance," Vestager told a Vilnius news conference on Tuesday when asked to comment on President Dalia Grybauskaitė's recent statement that Gazprom should compensate Lithuania and other EU countries for excessively high gas prices.

In the commissioner's words, the EC is looking into the information provided by market players about Gazprom's commitments.

"We did a market test and got strong, critical and constructive response from competitors and clients. From the Lithuanian government we also got a response how to make commitments actually work. This question is still open so it is difficult to say if we can end the case with commitments proposed by Gazprom or we have to revert to situation where we give a fine for past behavior," said Vestager.

After the meeting with the Danish politician, Lithuania's president expressed hope that the EC would would stick to its principles with regard to large companies, for instance, in the Gazprom case.

EC is probing Gazprom's abuse of its domination on the Central and Eastern European market in the 2004-2012 period. Earlier this year, the concern pledged to facilitate conditions for countries to freely trade Russian gas and supply them at a competitive price, however, the Lithuanian government demands compensation of damages.

A four-year-old dispute between the Lithuanian government and Russia's gas concern Gazprom over 1.4 billion euros sought by Lithuania at Stockholm arbitration court over overcharging for gas supplies has ended in failure.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...

International investors discover Šiauliai

In recent years, Lithuania has seen a large influx of foreign investors. Whereas Vilnius and Kaunas...

Hungary may consider buying gas from Lithuania - president

Hungarian President Janos Ader said on Tuesday that his country might consider buying liquefied gas...

New global sales trends have not bypassed Lithuania: “” has announced two-week sale festival

Traditionally, November is a very busy month for global trade sector as everybody looks forward to new...