: :inin Kyiv (EET)

Antimonopoly Committee of Ukraine to demand payment of UAH 85 bln fine from Gazprom

The Antimonopoly Committee of Ukraine (ACU) is ready to go to court over payment of a UAH 85 bln fine imposed on Gazprom for abusing its monopoly of the Ukrainian natural gas transit market, ACU Head Yuriy Terentyev told reporters.

According to Terentyev, the Russian company was trying, by all means, to challenge ACU`s decision on imposition of the penalty and was proceeding with its judicial plan.

”However, the ACU decision has made a decision, a fine has been imposed and the decision must be enforced. If it is not fulfilled, we will go to court,” Terentyev stated.

The ACU head also stressed that material for the court appeal had been prepared but the exact date for filing the lawsuit had not been fixed yet.

As UNIAN reported earlier, in January this year, the ACU fined Russia`s gas company Gazprom UAH 85 billion (about $3.4 billion) for abusing its monopoly of Ukraine`s gas transit market.

For its part, the European Commission formally charged Gazprom with abusing its dominant market position in Central and Eastern European gas markets in breach of the European Union`s antitrust rules.

Russian energy giant Gazprom decided in April to appeal to the Commercial Court of Kyiv and contest the ACU decision.


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