EXCLUSIVE Qatar Petroleum no longer in EU antitrust crosshairs - sources | Reuters
Qatar Petroleum is unlikely to face further EU antitrust action three years after EU regulators opened an investigation into its 20-year gas contracts on concerns that these may hinder the development of a single gas market in the 27-country bloc, sources said.
The state-owned company, renamed QatarEnergy, found itself in the EU antitrust crosshairs in 2018 as the European Commission started an investigation into whether its liquefied natural gas (LNG) supply deals with European utilities barred them from diverting shipments within the region.
The move came after the EU competition enforcer ended a seven-year market abuse probe into Gazprom, accepting a pledge by the Russian gas giant to reform its pricing structure and allow rivals a foothold in eastern Europe.
The Commission is not expected to take further action against QatarEnergy, the sources said.
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