EC Fines Bulgaria's BEH 77 Mln Euro for Denying Competitors Access to Gas Infrastructure

EC Fines Bulgaria's BEH 77 Mln Euro for Denying Competitors Access to Gas Infrastructure

The European Commission said on Monday that it has imposed a 77.1 million euro ($87.4 million) fine on Bulgarian state-owned energy group BEH and its units Bulgartransagaz and Bulgargaz for blocking competitors' access to key gas infrastructure. "For years, Bulgarian natural gas consumers have been denied a choice of suppliers because the BEH group refused to give access to its gas infrastructure to other wholesale gas suppliers. With today's decision, we will promote the development of an open and competitive energy market to the benefit of consumers in Bulgaria, in line with Energy Union objectives," Margrethe Vestager, commissioner in charge of competition policy, said in a statement. The Commission's decision opens the door for all affected entities to seek damages before local courts. Damages awarded will not be deducted from the fine imposed by the Commission.

Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.