Reed Smith Client Alerts

The European Commission has opened a competition investigation into alleged restrictive practices by Qatar Petroleum in the export of liquefied natural gas (LNG). The formal probe states that agreements between Qatar Petroleum and European importers might restrict the free flow of gas within the European Economic Area (EEA). The announcement can be found here.

Authors: Marjorie C. Holmes Edward S. Miller Emma Jones Christos Antoniou

Type: Client Alerts

Investigation

The European Commission has opened a formal investigation to assess whether supply agreements for the export of LNG between Qatar Petroleum and European importers have hindered the free flow of gas within the EEA, in breach of EU competition law. It is stated that Qatar Petroleum is the largest supplier of LNG in Europe, accounting for around 40 per cent of the EU’s overall LNG imports and with significantly higher import shares in certain member states.