The European Commission's competition department has closed its probe into the alleged anti-competitive behaviour by BEB, a German joint venture of ExxonMobil and Shell
Published:
30 July 2003 y., Wednesday
The investigation focused on BEB's refusal to grant Norwegian gas producer Marathon access to its Northern German pipeline network. In return for the closure BEB offered to further improve its access regime for gas pipelines and storage facilities, which will facilitate third parties to use BEB's network.
BEB undertook in particular to abandon the transport system currently applied across Germany (including the area covered by BEB's network) and to replace it by a new user-friendly system for its network (so called entry/exit system). Commenting on the settlement, Competition Commissioner Mario Monti said : "The settlement of the Marathon case with BEB means a significant step forward for the German gas market, which currently is lagging behind in the liberalisation process. I welcome that BEB is willing to introduce an entry/exit system for its network, which better reflects physical gas flows and costs incurred when transporting gas. I can only encourage other German companies to follow BEB's example. In the medium term I would also hope that Germany develops into one large entry/exit zone covering all networks be they supra-regional, regional or local.
The settlement shows that the Commission is fully committed to foster the liberalisation process by chasing anti-competitive behaviour."
Šaltinis:
europa.eu.int
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism.
more »
Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday.
more »
The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume.
more »
The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF).
more »
The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008.
more »
The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity.
more »
In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton.
more »
The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs).
more »
On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits.
more »
EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter.
more »