European Union officials are reviewing an antitrust complaint against OAO Gazprom, the Russian state-controlled gas company, as they weigh how the two- year-old dispute will affect the conflict in Ukraine, according to people familiar with the case.
The European Union’s competition chief, Joaquin Almunia, shrugged off last month’s offer by OAO Gazprom, the supplier of a quarter of the bloc’s natural gas, to settle an antitrust case and avoid potential fines.
Vladimir Putin wasn’t having a great day. The Russian president had spent the August morning in a helicopter over Khabarovsk, near the Chinese border, surveying flood damage that had left tens of thousands of people homeless.
OAO Gazprom, Russia’s natural-gas export monopoly, said Belarus is refusing to pay agreed prices for fuel supplies, as Russian Prime Minister Vladimir Putin and his Belarusian counterpart meet for economic talks today.
Belarus President Aleksandr Lukashenko ordered Russian gas transit to the European Union be halted, accusing OAO Gazprom of starting a “gas war” by cutting flows to his country by 30 percent amid a debt dispute.