France's gas market limits competition, commission says

02/24/2003
The French gas industry's "relatively rigid" supply system does not readily lend itself to competition, according to France's Energy Regulatory Commission (ERC), which now regulates both the country's electricity and gas market since Parliament officially opened France's gas market early last month."The situation of France's gas supplies at the time of the opening of the European markets is not favorable to spontaneous competition," ERC noted.ERC, chaired by Jean Syrota—who has long been a major official in France's energy administration—explained that gas supplies are relatively rigid because they depend on a small number of long-term contracts with la...
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