: :inin Kyiv (EET)

Lithuania Court rules Gazprom to pay EUR 36 mln fine


Lithuanian Supreme Administrative Court (SAC) on Thursday ruled to impose the largest fine in the history of Lithuania, obliging Russian gas concern Gazprom to pay a EUR 35.651 million fine to Lithuania for Gazprom`s refusal to sign off the gas exchange deal with Lietuvos Energija Gamyba (LEG), according to BNS media outlet.

Thus, the court upheld the Competition Board`s decision of October 2014, BNS reports.

As UNIAN reported earlier, the regional administrative court of Vilnius upheld a decision of a lower instance court, imposing a EUR 35.7 bln fine on Gazprom for restricting competition in the Lithuanian market.

The initial fine was introduced in June 2014 for Gazprom`s refusal to discuss with Lithuania`s Lietuvis Energija a virtual gas exchange. 

UaPositon

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