By Adria Calatayud

Gazprom PJSC (GAZP.RS) has been fined 211 million Russian rubles ($3.4 million) by Russia's Federal Antimonopoly Service, or FAS, the country's competition watchdog said Friday.

In May 2017, FAS found that the governor of Russia's Samara region, a ministry in the region, Gazprom and its subsidiary Gazprom Mezhregiongaz Ltd. breached Russian law on the protection of competition over a program for developing gas supply in Samara, the competition body said.

The company disagreed with the decision and appealed, but a court of the first instance and appeal upheld FAS's decision, the competition body said.

Gazprom Mezhregiongaz was fined RUB412,000, FAS said.

Write to Adria Calatayud at adria.calatayudvaello@dowjones.com

(END) Dow Jones Newswires

May 18, 2018 07:45 ET (11:45 GMT)

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