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Gazprom Takes Lithuania to Arbitration Over Gas Unbundling

OAO Gazprom, Russia’s natural-gas export monopoly, is taking Lithuania to international arbitration over its plan to break up the Baltic nation’s sole gas utility.

Gazprom informed the board of Lietuvos Dujos AB that it would defend its interests at a meeting held earlier this week, the Moscow-based company said today in a statement. Gazprom holds a 37 percent stake in Lietuvos.