"It is now for Gazprom to formally submit commitments that meet the Commission's objectives," Margrethe Vestager said in a statement following talks with Gazprom in Brussels, as reported by Reuters.

Read alsoStockholm arbitration completes oral hearings of Naftogaz-Gazprom case If the Commission accepts the settlement, sources said Gazprom would avoid a finding of infringement and a potential fine to 10% of its global turnover.