Gazprom: EU using political pressure to angle for fuel price cuts

Published time: September 11, 2012 13:29
Edited time: September 11, 2012 20:07
Gazprom Headquarters in Moscow, Russia. Reuters / Maxim Shemetov

Russian energy giant Gazprom accused the European Union of levying political pressure against the company in a bid to force down fuel prices. This statement came after the EU launched a probe into the company's alleged violation of antitrust laws.

­Gazprom spokesperson Sergey Kupriyanov told reporters that "actions taken by the EU commission can be viewed as pressure aimed at lowering gas prices.” 

"All throughout last year, the European Commission made no effort to establish a dialogue [with the company], which both Gazprom and the Russian government tried to initiate a number of times," Kupriyanov added.

The Gazprom spokesperson argued that several of the EU's weaker economies are demanding concessions on gas prices, which would be the practical equivalent of subsidizing their economies. 

The European Union is investigating Gazprom over alleged unfair competition and price-fixing in Central and Eastern Europe’s natural gas markets. The EU claimed Gazprom was hindering the free flow of gas across its member-states, preventing supply diversification and limiting customer choice in delivery points. Brussels also suspected Gazprom of imposing unfair costs on its customers by linking the prices of gas and oil. 

But the investigation will most likely be stalled by a decree signed by Russian President Vladimir Putin, which gives Moscow the right to protect its monopoly on natural gas exports from an EU probe.

Putin’s measure prohibits strategic companies from disclosing information, disposing of assets or amending contracts without approval from Russian authorities, in case claims are made against them by foreign states or entities, the president’s office said in an email statement on Tuesday.


During last week’s APEC summit in Russia’s far eastern city of Vladivostok, Putin said that the only reason for the investigation into Gazprom was the financial crisis currently embroiling the European Union.

“It seems now that someone in the European Commission has decided that we (Russia) are going to share this subsidizing burden [of Eastern Europe]. That means the united Europe wants to keep political influence while we would be paying for this a little bit. This is a non-constructive approach,” Putin said, adding that it is understandable that the crisis has motivated EU member-states to shift part of their financial burden onto others, but counterproductive.

Comments (27)

Kees 17.09.2012 22:12

European politicians have 7 more bones in their skulls. Their brains still function mechanically.

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MEJanssen (unregistered) 12.09.2012 03:46

SJ-Phil (unregistered) wrote in #20Russia wanted to join the WTO in order to boost their revenues and GDP.  Now, Russia can't play the games they're used to playing with the Ukaraine and Eastern European countries (former Soviet block States) and their just going to have to learn how to play fair....lest their be significant negative results from continued violations of the WTO rules.     Actually, the EU is trying to apply EU rules, not WTO rules, against Gazprom.  Russia just joined the WTO and is still within the grace period for getting her practices in line with the rest of the members.  So the EU has little to no leverage in a WTO court.  What they are trying to do instead is "make up" some rules to apply to Gazprom in contradiction to established contracts.  There must be a clause in the contracts to allow a re-negotiated price, but evidently it is not liberal enough for EU leaders, who are trying to "pressure Russia" in order to quiet their unruly citizens.     But I agree with you that Russia has some big changes to go through to meet WTO rules.  That is a completely new chapter to discuss.

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teddyformusic 12.09.2012 03:02

JJ (unregistered) wrote in #4   Just torn off the gas for a month then the EU will sing a different tune. Don't let me do a "Shakedown" on Russia, that'swhat they're trying to pull.  Like the USA they have to tryto get things by stealing it, heck Israel got their wholecountry by stealing it, teach them a lesson Russia, theRussian Bear will not be taken for a ride by a bunch ofEU Creampuffs.EXACTLY.  tiny , resource-poor continent Europe, and "Gigantic" Genocidal, Racist, Imperial USA are basically what it turns around "from"...... a "group" of "cultures" (without ignoring many wonderful , creative, artistic aspects -- but then every culture has that too) -- whose "supremacy" brought on or maintained by being "the most prosperous" is basically also based on global adventurism -- in order to steal resources from other regions............. destruction of cultures, economies, environments, peoples............. ..are just "natural consequences" of what amounts to LAND and RESOURCE GRABBING to ENRICH the "west" at the expense of all others.  "free market" is just their TOOL to expedite that "supremacy" project, after IMPOSING, if necessary by wars , the "rules of economics" .  RUSSIA -- as I have long always been convinced of -- was always the "GRAND TROPHY" for resources, land, and control over the world's largest landmass: EURASIA.  to the "masters of the universe" of the west -- the entire globe's population outside of the "western" paradigm exists solely to SERVICE the "ruling civilization" -- the "west" -- and if the peoples of the regions whose natural treasures the west wants wish to "develop" their nations and regions -- those peoples -- whether Asian, African, South American Natives everywhere -- must ACCEPT the "rules" imposed by the West -- which amount to one thing:  "ALL PEOPLES and THEIR REGIONS and RESOURCES are SERVANTS to the WEST".    

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