Wednesday, August 17, 2016

OCCP blocked the company which would manage the Nord Stream 2 – BBC

OCCP since December 2015 conducted extensive market research. Gathered opinions about the company among the largest companies in the gas market in Poland. The opinion on the transaction also asked the Energy Regulatory Office.

raised the OCCP confirmed – planned business operation could lead to a restriction of competition. Gazprom has in fact a dominant position in the supply of gas to the Polish and the transaction could lead to further strengthening the bargaining power of the company to customers in our country.

– Withdrawal of the application means that it is possible to create 6 entities of the joint venture, which was to deal with the construction of the Nord Stream gas pipeline 2. This red light for this transaction – explains the President of the OCCP Marek Niechciał.

The request to withdraw the proposal reported 6 companies involved in the proposed transaction – OAO Gazprom in the Russian Federation Uniper Global Commodities SE of Germany, Engi SA of France, OMV Nord Stream II Holding AG of Switzerland and Shell Exploration and Production (LXXI) BV and Wintershall Nederland BV from the Netherlands.

The company created by these companies had to design, finance, build and deal with the operation of the gas pipeline Nord Stream 2, running from the Russian coast of the Baltic Sea to the starting point near Greifswald in Germany.

According to the antitrust law in connection with the withdrawal of the application by entrepreneurs UOKiK redeem the investigation.

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