The French Competition Authority opens an in-depth investigation into a proposed merger in the petroleum product storage services market (Trapil / Pisto)

The Autorité de la concurrence has begun an in-depth examination into the acquisition of Société des Transports Pétroliers par Pipelines (Trapil) by Pisto SAS* Acquisition of France’s largest pipeline On 5 November 2019, Pisto SAS, which is active in the petroleum product storage services market, notified the Autorité of its plan to acquire Trapil, a transporter of petroleum products by pipeline in France. It involves the oldest and largest civilian pipeline network in Europe. The 1,375-kilometre pipeline network, which primarily connects Le Havre to the Paris region (LHP), transports about 20 million tonnes of hydrocarbons per year,

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French Competition Authority, The French Competition Authority opens an in-depth investigation into a proposed merger in the petroleum product storage services market (Trapil / Pisto), 11 December 2019, e-Competitions December 2019, Art. N° 92801

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