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Gazprom Plans EU Antitrust Meeting Next Month Before Hearing

  • Gazprom's Medvedev to meet EU's Vestager in December
  • Gas giant may face fines if settlement talks break down

Gazprom PJSC is seeking a make-or-break meeting with the European Union’s antitrust chief next month in attempt to settle a case against the Russian state-run company, which supplies about 30 percent of Europe’s natural gas.

Gazprom Deputy Chief Executive Officer Alexander Medvedev plans to meet Margrethe Vestager in Brussels in December, the company’s spokesman Sergei Kupriyanov said by phone on Saturday without elaborating. The talks were set ahead of a Dec. 15 hearing on EU accusations of Gazprom’s unfair pricing and marketing policies in eastern Europe, Reuters reported Friday, citing unidentified people familiar with the issue.