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EU: Commission invites market views on Transgaz settlement

 |  September 23, 2018

The European Commission announced on Friday, September 21, that it is inviting comments on Romanian state-owned gas pipeline operator Transgaz’s commitments to increase its export capacities in a bid to end an antitrust investigation.

The commitments would aim to enable natural gas exports from Romania to other EU Member States, in particular Hungary and Bulgaria.

Following a formal investigation opened in June 2017, the Commission has concerns Transgaz may have breached EU competition rules by restricting exports of natural gas from Romania.

Transgaz has now proposed to increase the export capacities from 0.1 billion cubic meters to four billion cubic meters per year at the interconnection points with Hungary and Bulgaria and ensure its tariff proposal to the Romanian national energy regulator will not discriminate between export and domestic tariff.

The commitments would remain in force until the end of 2025 and a trustee would be in charge of monitoring the company’s compliance.

Full Content: S&P Global

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