EU Energy Policy

EU antitrust fine puts SE Europe gas market in spotlight

The decision to fine Bulgaria’s BEH over anticompetitive behaviour may help speed progress on market liberalisation in southeastern Europe The decision to fine Bulgaria’s BEH over anticompetitive behaviour may help speed progress on market liberalisation in southeastern Europe.
By Andreas Walstad 19 December 2018 0 33750
The EU’s competition commissioner, Margrethe Vestager, addressing journalists on the Gazprom case. (EC)

The European Commission this week slapped a €77 million ($88 million) fine on incumbent Bulgarian Energy Holding (BEH) and its subsidiaries, showing that energy companies in southeastern Europe are coming under increasing pressure to open the sector up to more competition. 

Following an investigation that lasted over five years, the commission ruled that transmission system operator (TSO) Bulgartransgaz and supply arm Bulgargaz had restricted access for competitors to key infrastructure, including both domestic gas pipelines and the Transit 1 pipeline’s interconnection point with...