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Statement by Jonathan Todd, spokesperson of Neelie Kroes, on the EC opening the Belgian gas market to competition

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Commitments offered by Distrigas to open the Belgian gas market have been made legally binding by a formal decision adopted by the European Commission. The commitments address concerns raised by the Commission in the course of an investigation under EC Treaty rules prohibiting the abuse of a dominant market position. The Commission had concerns about supply problems on the Belgian gas market through long-term contracts concluded by Distrigas with gas customers. Under the commitments, Distrigas would reduce the gas volumes tied in long-term contracts. This would allow other gas suppliers to compete with Distrigas to build up a portfolio of customers, and thereby encourage competition on the Belgian gas market. In the light of the commitments offered by Distrigas, the Commission has closed its investigation.
SHOTLIST INFO PRESS MEMO

Type: EbS   Reference: 54001   Date: 11/10/2007   Duration: 00:01:57
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