EU to punish restrictive business practices - An EU competition law perspective on destination clauses in LNG contracts
Article from: OGEL 2 (2005), in National and International Issues in Natural Gas Development
Introduction
Whilst the second European gas directive, adopted on June 26, 2003, seeks to provide freedom of choice of supplier for industrial and domestic gas customers, the European regulatory authorities are busy trying to bring down the remaining barriers to an effective liberalised energy market. On an inter-regional scale, this means the end of clauses in gas contracts prohibiting buyers on-selling gas outside their national territory. In this article the authors assess the resolve of the European Commission to end these arrangements which has so far caused both pipeline an LNG ...