Gazprom starts suspending gas contracts with Ukraine as Brussels fears limited transit to Europe

Sudzha gas metering station at Russian-Ukrainian border (Copyright: Gazprom, 2015 / Gazprom’s website, Media)

Russian gas giant Gazprom announced on Saturday it has officially started the procedure of terminating contracts on gas supplies and transit with Ukraine. The move came after a Stockholm arbitration court ordered Gazprom last week to pay more than $2.5 billion to Ukrainian energy firm Naftogaz. The Stockholm ruling, which represents the last act of […]

EU accused of being too nice with Gazprom in the infamous antitrust case

Last week came to be a crucial one for the long-standing dispute between the Russian energy giant Gazprom and the European Union. Gazprom will work on a compromise with EU regulators and will finalise a deal to end a five-year antitrust case avoiding fines and any other imposed term, according to official declaration. The news […]