August 10, 2018

GENEVA (Reuters) – Russia largely failed in its bid to overturn the European Union’s gas market rules in a World Trade Organization ruling published on Friday.

Russia launched the dispute in 2014, claiming that the EU’s “Third Energy Package” discriminated against its gas export monopoly Gazprom <GAZP.MM> by requiring the “unbundling” of transmission assets and production and supply assets.

Either side can appeal within 60 days.

(Reporting by Tom Miles; Editing by Robin Pomeroy)

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Source: One America News | Russia loses bulk of WTO challenge to EU gas pipeline rules

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