Europe’s competition commissioner Margrethe Vestager is taking on some tough battles. Last week she accused US technology giant Google of abusing its dominant position in the internet search market. This week she has laid charges against Russian gas producer Gazprom over its sales practices in eastern Europe.
Posts tagged ‘Lithuania’
 
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November 26, 2014 00:01 UTC 
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If you are a state-run gas company in a Baltic state–once part of the Soviet Union, and tied to the former empire by gas pipelines–you might grab with both hands the chance to buy gas from someone who is not associated with the Kremlin. Lithuania has asserted its independence from Russian gas by chartering a floating liquefied natural gas import terminal, the Independence, from Hoegh. The first LNG cargo came under a five-year contract in November. The seller was Norway’s Statoil, which operates Europe’s only liquefaction plant, Snohvit. |