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Europe Daily Bulletin No. 8257

18 July 2002
Contents Publication in full By article 13 / 36
GENERAL NEWS / (eu) eu/energy/competition
Commission settles GFU case of joint sales of Norwegian natural gas

Brussels, 17/07/2002 (Agence Europe) - The European Commission has settled the GFU case, reaching agreement with Norwegian gas producers. The GFU case concerns joint sales of Norwegian natural gas through a single seller, the GFU (Gas Negotiation Committee), since at least 1989. The GFU comprised two permanent members, Statoil and Norsk Hydro, Norway's largest gas producers, and was occasionally extended to certain other Norwegian gas producers. The GFU's main task was to negotiate the terms...

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