"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.

If the Commission accepts the settlement, sources said Gazprom would avoid a finding of infringement and a potential fine to 10 percent of its global turnover.

(Reporting by Alissa de Carbonnel; editing by Philip Blenkinsop)