EU’s Kroes to settle gas cartel cases soon – paper

Energy Trade

European Union Competition Commissioner Neelie Kroes wants to settle two cartel cases affecting the European natural gas market in the coming weeks, Germany’s Der Spiegel reported this weekend without citing sources.

The magazine said, she aimed to prove that E.ON and its partner in the MEGAL pipeline project, Gaz de France, had made an illegal agreement not to supply gas in each other’s markets. Meanwhile, RWE intentionally reduced investments in its gases business to hinder competition, the magazine reported. E.ON and RWE declined to comment on the ongoing antitrust proceedings. (Reuters)

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