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Gazprom puts ‘final touch’ on settlement in EU probe of gas prices

By Matthew Newman and Lewis Crofts ( October 26, 2016, 15:41 GMT | Insight) -- The European Commission and Gazprom are closing in on an agreement to settle an antitrust probe into the Russian company’s contracts for supplying natural gas to Eastern Europe. Gazprom said it held “constructive negotiations” with EU competition chief Margrethe Vestager today and it would now put the “final touch” on a formal proposal to end the case. Vestager said both sides had “made progress” but warned that there is “still quite some work ahead.”The European Commission and Gazprom are closing in on an agreement to settle an antitrust probe into the Russian gas giant’s contracts for supplying natural gas to Eastern Europe....

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