Gazprom investment. On 5 July 2006, the Federal Law, "On Gas Export", was passed, nearly unanimously, by the State Duma and on the 7 July 2006, by the Federation Council. On 18 July Putin signed the new legislation and on 20 July 2006, the law was published. It gave Gazprom the exclusive right to export natural gas from Russia. On 4 September 2012, the European Commission, a Brussels-based competition watchdog, announced an anti-trust investigation into Gazprom's activities. This was based on "concerns that Gazprom may be abusing its dominant market position in upstream gas supply markets." On 21 May 2014, in
Kovykta field the field to state-owned Rosneftegaz, but failed. On 1 March 2011, Gazprom bought Rusia Petroleum's assets, including rights for the Kovykta field, for $711 million. The reserves of Kovykta amount to 2 trillion cubic meters of natural gas and more than 83 million tons of gas condensate. The period of active gas production in the Kovykta field is expected to be 30 years, and the period of field development about 50 years. The field was developed by Rusia Petroleum, 62.9% of which is owned by TNK-BP. 24.99% is owned by the power generating company OGK-3. The Kovykta field is considered