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Seven European gas companies confirm EC competition raids

Italian gas monopoly Eni was the seventh company to confirm that it had been visited on May 16 by the European Commission, carrying out specific checks on Eni's gas business, following on from its sectoral inquiry.

Earlier on May 17 company spokesmen for Gaz de France, Germany's E.ON Ruhrgas and RWE, Belgium's Distrigas and Fluxys and Austria's OMV Gas all confirmed that their companies were being investigated by staff from the competition department of the European Commission. They gave few other details concerning the raid.

The EC said it had visited gas companies in five member states, unannounced, to investigate whether "the companies concerned may have violated EC-treaty anti-trust rules that prohibit restrictive business practices and/or abuse of a dominant market position." It did not say whom it had visited or how many companies were involved.

A spokeswoman for E.ON-Ruhrgas said their visitors arrived on May 16 at E.ON Ruhrgas offices in Essen, Germany, and were still present the afternoon of May 17.

"It is correct that representatives of the EU Commission were in our office," spokeswoman Astrid Zimmermann told Platts, adding that a few investigators were still on its premises, possibly for a few days. "This concerns additional examinations related to the sector enquiry, which we fully support," she said.

Austria's OMV Gas, a 100%-owned subsidiary of OMV, said it was inspected the morning of May 16 by EC officials and that it would cooperate fully, the same response as GDF's. Belgium's gas supplier Distrigas and transmission system operator Fluxys also confirmed they were both inspected on May 16. Distrigas said that the latest investigation was separate from the statement of objection, which the EC sent to it May 10.

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May 17, 2006

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Platts European Commission's competition inquiry Seven European gas companies confirm EC competition raids 2006-05-17

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