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GISMETEO.RU
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Business    

Business court to hear Gazprom counterclaim against monopoly ruling
Journal Staff Report

KIEV, April 25 – Ukraine's higher business court has scheduled a hearing of a counterclaim of Russia's Gazprom against a court ruling to collect a fine and penalty of UAH 172 billion from Gazprom for abuse of monopoly for May 16.

According to the court, the counterclaim was registered on April 20.

As reported, the Antimonopoly Committee of Ukraine decided in January 2016 to fine Russian gas giant UAH 85 billion for abuse of its monopoly position on the Ukrainian market for transit shipments of natural gas. This decision has been upheld several times by Ukrainian courts. In the latest ruling, on February 22 Kiev's business court of appeals upheld the ruling of a lower court confirming the order to collect the fine from Gazprom, which has already grown to UAH 172 billion (about $6.4 billion) with fines for nonpayment.




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