Gasprom conducts consultations with European commission to lift EU anti-monopoly claims
Gasprom has been conducting consultations with the European Commission to lift anti-monopoly claims of the highest executive branch of European Union, said Vladimir Chizhov, Russia’s permanent representative in EU.
“I could confirm that the sides have been conducting consultations,” he said at the briefing in the Expert Institute “Centre of European Policy.”
EU has started the anti-monopoly investigation of the Russian company on the basis of complaint of Lithuanian authorities on September 4, 2012. Then the European regulator announced that it will study Gasprom’s business practice, which is suspected “of abuse of his dominating position in the gas deliveries to the Central and Eastern Europe, preventing a free gas flow through the EU member-states, diversification of the sources of gas deliveries and imposing unfair gas prices on the buyers.”
Investigation is conducted in the Baltic countries, Poland, Czech Republic, Slovakia, Hungary and Bulgaria.
According to the European legislation, five for violation of the competition norms could reach 10% of the company’s annual turnover.—0—
Economics
-
In a strategic move to bolster mechanisms against financial crimes and terrorism financing, Azerbaijan's Deputy Prime Minister, Samir Sharifov, has been appointed as the head of the newly restructured Coordinating Council on Counter-Terrorism Financing and Other Financial Crimes.
-
The Chairman of Azerbaijan Railways CJSC, Rovshan Rustamov, and the head of Iranian Railways, Jabbar Ali Zakeri Sardrudi, convened in Tehran during the Joint Azerbaijani–Iranian Intergovernmental Commission meeting to bolster cooperation on the Astara terminals, key nodes in the International North-South Transport Corridor (INSTC). The talks centered on enhancing the operational efficiency and strategic significance of these terminals to facilitate growing cargo volumes between the two nations.
-
Azerbaijan is accelerating its transition to green energy through the coordinated efforts of its "Green Energy Zone" task force, which recently held its latest hybrid meeting to review progress and outline future priorities. The Ministry of Energy, reporting on Wednesday’s session, emphasized the task force's central role in implementing the 2022–2026 Socio-Economic Development Strategy, a cornerstone of Azerbaijan’s ambitions for sustainable growth.
-
AzerGold, Azerbaijan’s state-owned mining company, is pursuing opportunities for strategic collaboration with Turkish firms in Africa as part of its efforts to expand its presence in the global mining sector. Recent talks between Zakir Ibrahimov, Chairman of the Board of AzerGold CJSC, and Şebnem Cenk, Head of the West and Central Africa Department at Turkey's Ministry of Foreign Affairs, highlighted the potential for a mutually beneficial partnership.
Leave a review