Court to consider Gazprom`s appeal on decision of Ukraine Anti-Monopoly Committee over UAH 172 bln fine January 18

Russian gas monopoly Gazprom has filed an appeal against the court`s decision granting the Anti-Monopoly Committee of Ukraine the right to impose a UAH 171.932 billion fine against the company for violations of the anti-trust legislation of Ukraine. The hearing is scheduled for January 18, according to the website of Kyiv Economic Court of Appeal.

”Jan 18, 2017. 9:40. Plaintiff (applicant): The Antimonopoly Committee of Ukraine. Defendant (debtor): PJSC Gazprom. Body or person who filed an appeal: PJSC Gazprom,” reads a schedule.

It states that the subject of an appeal is the recovery from the company of a UAH 85.966 billion fine and UAH 85.966 billion in penalties as a result of the first review of the dispute between the Antimonopoly Committee and Gazprom.

As UNIAN reported earlier, Kyiv Economic Court fully satisfied the claim of the Antimonopoly Committee of Ukraine to the Russian gas monopoly Gazprom, filed in light of the violation of Ukrainian competition law and ruled that Gazprom had to pay a total of UAH 171 billion in fines and penalties. The fine was imposed in January 2016.

The statement by the AMCU published mid-December says that the decision of the Economic Court on the suit does not lead to the mandatory selection of gas (Gazprom`s only asset in Ukraine). Consequently, it does not threaten continued transit of gas via Ukraine to the European consumers.

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