The EU Commission launches an antitrust investigation into LNG destination clauses (Quatar Petroleum)

On June 21, 2018, the European Commission (“Commission”) started a new investigation to determine whether so-called destination clauses in Qatar Petroleum’s liquefied natural gas (“LNG”) supply contracts with European buyers infringe the European Union (“EU”) antitrust rules. The investigation comes in a context of revived regulatory focus globally into these clauses and LNG trading conditions. It also comes hot on the heels of the Commission’s seven-year probe into similar clauses used by Gazprom, albeit in the different market for gas supplied through pipelines.

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Authors

  • Covington & Burling (Washington)
  • Covington & Burling (London)
  • Covington & Burling (London)
  • Covington & Burling (Brussels)
  • Covington & Burling (Seoul)

Quotation

Ichiro Morinaga, Graham Vinter, Jeremy Wilson, Peter D. Camesasca, William H.Y. Park, The EU Commission launches an antitrust investigation into LNG destination clauses (Quatar Petroleum), 21 June 2018, e-Competitions June 2018, Art. N° 95620

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