Baltic States – CIS, Energy, Financial Services, Gas, Legislation, Lithuania

Sarunas Keserauskas, chairman of the Lithuanian Competition Council, told BNS that 5.935 million euros in interest had accumulated during the maximum 180-day period. The period is over, which means that interest is no longer calculated.

In a ruling that is final and not subject to appeal, the Lithuanian Supreme Administrative Court on last December upheld the competition authority's decision of October 2014 to impose the 35.651-million-euro fine, the largest anti-trust fine ever levied in the country, on Gazprom. A bailiff's firm was tasked with enforcing the payment after the Russian company missed a deadline for paying the fine.

Keserauskas has said that recovering the fine from Gazprom will be difficult, but "not hopeless". Irena Beliacic, the bailiff, would not comment on the recovery process to BNS, saying that she has nothing to say. The fine can only be recovered from the Russian company's assets in Lithuania or elsewhere in the European Union.