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Gazprom appeals $3.4 bln fine by Ukrainian Antimonopoly Agency

13:45 13/04/2016

MOSCOW, April 13 (RAPSI) – Gazprom has appealed a 86 billion hryvnia ($3.4 bln) fine issued by the Antimonopoly Committee of Ukraine (AMCU) to the Kyiv City Commercial Court, RIA Novosti reports on Wednesday.

The lawsuit against the Committee was filed by Gazprom on Tuesday. State-owned oil and gas company Naftogaz and its subsidiary Ukrtransgaz are listed as third parties in this case.

Earlier, Gazprom has been fined by the Antimonopoly Committee for abuse of its dominant position on the gas transit market. At that time, the company was ordered to pay the fine until April, 12. According to Gazprom, this fine was unexpected since the firm was not engaged in business activity within the Ukrainian territory. Gazprom states that natural gas is being sold to Naftogaz on the Russian-Ukrainian border.

The Kiev City Commercial Court will review Gazprom’s lawsuit in three days.

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Gazprom appeals $3.4 bln fine by Ukrainian Antimonopoly Agency

13:45 13/04/2016 Gazprom has appealed a 86 billion hryvnia ($3.4 bln) fine issued by the Antimonopoly Committee of Ukraine (AMCU) to the Kyiv City Commercial Court.
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