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Europe Daily Bulletin No. 12436

29 February 2020
Contents Publication in full By article 18 / 29
ECONOMY - FINANCE - BUSINESS / State aid
Regulatory mechanism for natural gas storage in France under investigation
Brussels, 28/02/2020 (Agence Europe)

The European Commission opened an in-depth investigation on Friday 28 February, to determine whether France's regulatory mechanism for natural gas storage is in line with EU state aid rules.

Margrethe Vestager, Executive Vice-President in charge of Competition Policy, said: “Our role is to ensure that the measures taken are cost-effective and preserve competition, so that consumers pay a fair price for natural gas”. France has introduced a mechanism providing for the auctioning of all...

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