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Gazprom to be sued for five billion litas

  • 2012-10-17
  • From wire reports
2 From wire reports, VILNIUSLithuania has said it will sue Gazprom for five billion litas (1.45 billion euros), alleging that the Russian giant overcharged it for gas.“We tried to convince them to adjust prices prior to any arbitral actions, however, to no avail,” Prime Minister Andrius Kubilius said.This is following German and Polish firms who “achieved consensus” with Gazprom to retroactively cut prices, according to the BBC.As reported previously, the European Commission is currently investigating Gazprom’s actions in eight member states...
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