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RIA Novosti

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Gazprom Cleared to Buy 7 More Gas Stations in Bulgaria

Russian energy giant Gazprom
21:53 23/01/2012
MOSCOW, January 23 (RIA Novosti)
Tags: Gazprom, Sofia, Moscow, Russia, Bulgaria

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Bulgaria’s antitrust watchdog has approved the purchase of another seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom, the Sofia news agency reported on Monday.

A month ago, the Commission for Protection of Competition (CPC) allowed NIS Petrol EOOD to acquire the first seven stations.

According to the CPC, the company is a new player on Bulgaria’s fuel retail market and is unlikely to develop a dominant position that could affect competition, considering its small market share.

The anti-monopoly agency also said none of the market players have voiced concerns about the deal’s negative impact on the competitive environment in the sector.

 

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RIA NovostiRussian energy giant GazpromGazprom Cleared to Buy 7 More Gas Stations in Bulgaria

21:53 23/01/2012 Bulgaria’s antitrust watchdog has approved the purchase of another seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom, the Sofia news agency reported on Monday.>>

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