Brussels must look deeper into whether its current regulatory system can provide energy security and fair competition across European gas markets, writes Chi-Kong Chyong.
Dr Chi-Kong Chyong is a research associate & director of the EPRG Energy Policy Forum at the University of Cambridge. Follow this link to the EPRG study on which this editorial is based.
In April 2015, the European Commission Directorate-General for Competition (DG COMP) began a formal investigation into Gazprom’s suspected violations of EU antitrust rules by issuing its statement of objections. The Commission was concerned that Gazprom was impeding competition in the gas supply markets of Central and Eastern European member states – Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, and Slovakia. On 13 March 2017, DG COMP published Gazprom’s proposed commitments to address the Commission’s concerns.