DENMARK GAS COMPETITION
April 1st, 2003
BY KEITH NUTHALLSIGNIFICANT liberalisation of Denmark's natural gas market has been agreed in a deal between the European Commission's competition directorate and the key suppliers and producers in the Danish sector. Notably, Shell, AP Møller and ChevronTexaco, have agreed to stop jointly marketing their gas as part of the country's dominant production group, called the Danish Underground Consortium (DUC). These companies have also been released from an obligation to offer all of their gas first to incumbent national gas supplier DONG. Moreover, the DUC parties ...
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