«Gazprom» to challenge antitrust fine Ukraine in international bodies

© RIA Novosti / Maxim to Aminopherase in fotomontaggi company Gazprom. Archival photo«Gazprom» to challenge antitrust fine Ukraine in international bodies© RIA Novosti / Maxim to Aminopherase the image Bank

«Gazprom» has exhausted all means of challenge antitrust fine in Ukraine, is considering the possibility to challenge it in international courts; the prospects for recovery of penalty outside of Ukraine is assessed as minor, said the Deputy chief of Department «Gazprom» Sergey Smith.

«Gazprom» has exhausted almost all possibilities to appeal against this decision within Ukraine and now, indeed, formally, the procedure is the enforcement of the amount of the fine, huge scale,» said Smith during a telephone conference.

«Gazprom is not, never was and, hopefully, there will be no property comparable to the price of the fine, the cost of shares of «Gaztranzit» arrested by the bailiffs, much less, it is not comparable, some other property on the territory of Ukraine «Gazprom» has not, and as for the prospects of recovery of the debt allegedly existing outside of Ukraine — we believe that they are very small,» he added.

Earlier on Wednesday it became known that «Gazprom» has received from the Ministry of justice of Ukraine the resolution on opening of Executive production on 394,6 billion and seizure of belonging to the group stock company «Gaztranzit» in the framework of the antitrust case. This is stated in the report of the gas holding according to IFRS for the first quarter of 2016.

Was in Kiev private joint-stock company «Gaztranzit» is affiliated with «Gazprom» face. The Russian gas holding owns 40% of the company.