Gas Cartel Investigations Continue

EnergyOil & Gas ♦ Published: September 28, 2011; 18:37 ♦ (Vindobona)

Another office has been searched on Wednesday. Austrian oil and gas company OMV does not see itself in the focus of prosecution.

Gas Cartel Investigations Continue / Picture: © Vindobona.org

Investigators today continued EU-wide house searches on the suspicion of an illegal cartel in the gas industry. Stefan Keznickl, spokesman of the Federal Competition Authority (BWB), confirmed that another Austrian office has been searched on Wednesday.

Above all, investigations concerned practices on the wholesale market such as conditions of supply through the pipeline systems,…