BRUSSELS – Russia’s state-owned gas producer, Gazprom, has agreed to a series of concessions to address the European Union’s concerns about its market dominance in the supply of energy to Eastern Europe.
The EU’s executive Commission said Monday that Gazprom has agreed to price gas at market competitive prices. It will allow countries in the region to re-sell the gas they buy — something that became a political issue in recent years when some EU countries were selling their gas to Ukraine, to which Russia had cut off supplies during the war there.
Gazprom has also agreed not to own the pipelines …read more
Source: The News
