France opens gas supply competition

By an OGJ correspondent
PARIS, Dec. 23 -- France's parliament Friday finally turned the European Union directive on natural gas liberalization into local law, opening 20% of the French gas market to competition to supply the country's biggest gas consumers practically 2½ years after the EU deadline of Aug. 10, 2000.

France had been called to task for that delay by the European Court of Justice. All of France's biggest industrial consumers of natural gas are to be open to competitive suppliers by mid-2004. Full opening of the whole French gas market to competition is scheduled by mid-2007.

The new French law determines conditions for access to the network, transparency and regulation, transport and distribution, underground storage, controls and sanctions.

The French commission for electric power regulation of electricity will become the new commission for regulation of energy, encompassing the gas market as well.

Gaz de France had not waited for the EU directive to become law before opening its market for large gas consumers. But some EU countries, especially Spain, had taken discriminatory measures against the utility claiming France's market was not opened officially.

Related Articles

Judge bars Anadarko e-mails as evidence in Macondo blowout hearing

03/21/2014 A federal district judge in New Orleans refused to accept e-mails between Anadarko Petroleum Corp. and BP PLC as evidence in a hearing to determine...

Industry group welcomes most UK budget moves

03/21/2014 Oil & Gas UK voiced support for all but one of several measures affecting the offshore producing industry announced in the UK government’s annu...

MARKET WATCH: Crude oil, gas futures prices slide entering spring

03/21/2014

The first day of spring in the northern hemisphere was marked by lower crude oil and natural gas futures prices.

OMV acquires West of Shetland licenses from Hess

03/21/2014 OMV AG has reached an agreement with Hess Corp. to acquire four licenses in West of Shetland, UK, including Cambo field and the Blackrock prospect,...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected