Bulgaria-Turkey LNG Supply Pact Probed by EU Antitrust Watchdog
- EU watchdog wants details on gas partnerships and supplies
- Regulator says it will act if it finds antitrust violations
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A gas transit deal between Bulgaria’s state-owned firm Bulgargaz EAD and Turkey’s Botas is being investigated by the European Union amid concerns it may be anti-competitive.
The European Commission said Monday it’s sent requests for information to the companies and that it would “not hesitate to take appropriate action” if it finds evidence the pact breaks EU rules aimed at preventing powerful suppliers from cornering parts of the market.