BRUSSELS (Sputnik) — The Economic Court of Kiev ruled on December 5 that Gazprom must pay $6.6 billion in fines and penalties to Ukraine for alleged violations of antitrust laws in the area of gas transit.
"We are greatly concerned about December 5 decision by Kiev Economic Court to impose a $6.6-billion fine on Gazprom," Novak told reporters following a EU-Russia-Ukraine energy meeting in Brussels.
"We believe that it is an absolutely illegal decision because it was not taken by the Stockholm Arbitration. This decision poses new risks to transit of Russian gas to European consumers…endangering reliable supplies, especially during the winter period," Novak stressed.
