Gazprom

Gazprom seeks detente with Brussels

Gazprom is suing for peace with Brussels and embarking on talks to settle a sweeping antitrust investigation that threatened its business model in Europe.

The attempted rapprochement aims to defuse a big source of tension between Moscow and Brussels, even as the two sides remain at loggerheads over Ukraine’s last-minute refusal to sign an EU trade pact. Since then, the country has been engulfed in mass demonstrations.

Alexander Medvedev, head of Gazprom’s export arm, told the Financial Times the energy group, the Russian government and the European Commission had agreed to “try to find a mutually acceptable solution” to the antitrust issues.

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