Ukraine’s Anti-Monopoly Committee ordered enforcement service to recover $6.4 billion of fines and penalties from Gazprom

Source : 112 Ukraine

The initial fine on Gazprom for the abuse of monopoly position on transit gas market was $3.2 billion
17:04, 21 April 2017


Anti-Monopoly Committee of Ukraine (AMCU) instructed State enforcement service to collect $6.4 billion of fines and penalties from Gazprom company (Russia) for the abuse of monopoly position on the market of transit natural gas through Ukraine, according to the committee’s message, Ukrainian News report.

"State Enforcement Service is in charge of recovering fines and penalties from Gazprom," the message reads.

 As it was reported earlier, AMCU fined Gazprom on January 22, 2016 for the abuse of monopoly power on transit gas market.

Recently Kyiv Commercial Court of Appeal has also confirmed recovery of $6.4 billion in fines and penalties from Gazprom, which were imposed on it by the decision of Commercial court by request of Anti-Monopoly Committee of Ukraine.

Related: Gazprom admits gas price increase to Europe by 10%

Related: Third gas crisis: Chronicles of new Gazprom war against Ukraine

Related: EU Court of Justice blocked the EC decision on increasing Gazprom’s access to OPAL pipeline

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