Showing posts from May, 2018

European Commission Cracking Down on Gazprom`s European Business - Case Comment AT 39816

The European Commission issued a legally binding antitrust decision (AT 39816) yesterday that imposes a number of conditions on Gazprom to continue its business operations in Europe. Amongst them is the obligation for Gazprom to remove the infamous prohibition for customers to re-sell gas cross-border from Gazprom`s delivery contracts. The measures shall force Gazprom to end the practice of selling gas to different EU Member States at different prices. However, there are issues with the dcision that Gazprom is likely to seize upon.

First Part of `Clean Energy Package` finally adopted

The European Council adopted a revision of the Energy Performance of Buildings Directive 2010/31/EU and parts of Directive 2012/27/EU on energy efficiency today after lengthy negotiations with the European Commission and the Parliament. This is the first tool of the `Clean Energy for All Europeans` package, initially proposed by the European Commission on 30 November 2016, that completed the legislative procedure and will now come into force. The European Parliament already adopted the revised directive one month earlier, on 17 April 2018.