EU OIL AND GAS ROUND UP – KROES COMPETITION, ESA SATELLITE, EFTA – GCC DEAL, FRANCE, SPAIN, ITALY

BY KEITH NUTHALL THE EUROPEAN Union's (EU) competition commissioner has indicated she could push for regulatory reform to improve competition in EU energy markets, in parallel with legal enforcement action using existing rules. Neelie Kroes highlighted "bundling of generation, supply, pipelines, grids, and distribution (as) at the heart of the current EU energy market failure." And she is considering EU action to obtain "full structural unbundling". Other potential reforms included strengthening rules on transparency, reducing 'grandfather ...


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