EC approved Petrol’s acquisition of Geoplin – Slovenia, 13 March 2017

The European Commission (EC) announced that it has approved the proposed acquisition of local natural gas supplier Geoplin by the Slovenian energy group Petrol.
The statement from the EC said that in course of its investigation it found that on the wholesale gas market the parties’ customers already source, or are planning to source, gas directly from the Central European gas hub in Austria. In addition, there are no constrains on interconnection capacity between Slovenia and neighboring member states, the statement concluded.

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