No pain, no gain for EU gas firms

David Knott London European Union gas companies can succeed in the forthcoming deregulated market, but not without changing both their structures and their cultures. This is the view of management consultant Pricewaterhouse Coopers, London, which polled 35 major gas supply, transportation, and distribution companies about their expectations for the EU gas business. The EU agreed to open roughly one third of the EU gas supply market to competition, much to the disappointment of the U.K., which liberalized its own market and pushed others to follow (OGJ, Dec. 15, 1997, p. 22). Pricewaterhouse Coopers said it received responses from seni...

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