Policy & Regulation

EC asks market players to help settle Transgaz case

Stakeholders have until the end of October to decide whether a set of proposals put forward by Romania’s TSO go far enough in addressing competition concerns raised by Brussels Stakeholders have until the end of October to decide whether a set of proposals put forward by Romania’s TSO go far enough in addressing competition concerns raised by Brussels.
By Andreas Walstad 24 September 2018 0 32651
EU Competition Commissioner Margrethe Vestager EU Commissioner Margrethe Vestager. (European Commission)

The European Commission has given market players in Romania and neighbouring countries just over four weeks to respond to a set of commitments put forward by Romanian transmission system operator (TSO) Transgaz. The pledges aim to address concerns over limited gas exports from Romania to neighbouring countries, particularly Bulgaria and Hungary. 

The commission opened an antitrust investigation into Transgaz on 1 June, one year after it raided the offices of several Romanian energy companies. Underinvestment in new grid infrastructure, discriminatory increases in interconnection...