In its statement, the European Commission said Gazprom had pledged to remove restrictions on reselling gas; ensure
that prices in Central and Eastern Europe were competitive; and not act on any advantages regarding gas infrastructure that it had obtained because of its dominant selling position.
Gas Deal, but Trouble Looms for Russian Giant -
By JAMES KANTER, ANDREW E. KRAMER and STANLEY REEDMARCH 13, 2017
After fitful negotiations spanning nearly two years, Gazprom moved a step closer on Monday to resolving a longstanding
dispute with European antitrust regulators critical of the company’s dominance in regional natural gas markets.
“This new energy revolution will create a structural drop in energy prices over time,” Mr.
“It means the petro states and the old energy providers such as Russia find themselves in a very different position.”
There are good signs, however.
Countries in Central and Eastern Europe have long argued that Gazprom used its powerful position to inflate prices and quash competition.