The EU Commission approves a Dutch scheme to support the filling of the gas storage facility in the context of Russia’s invasion of Ukraine (Bergermeer)

State aid: Commission approves Dutch scheme to support the filling of the gas storage facility Bergermeer in context of Russia's invasion of Ukraine* The European Commission has approved an up to €406.4 million Dutch scheme to support the filling of the gas storage facility Bergermeer in the context of Russia's invasion of Ukraine. The scheme was approved under Article 107(3)(b) of the Treaty on the Functioning of the European Union (‘TFEU'), recognising that the EU economy is experiencing a serious disturbance. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This scheme will enable the Netherlands to give companies incentives to store natural gas in the large storage facility Bergermeer, by protecting them from unexpected adverse price developments

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

European Commission, The EU Commission approves a Dutch scheme to support the filling of the gas storage facility in the context of Russia’s invasion of Ukraine (Bergermeer), 12 July 2022, e-Competitions September 2022, Art. N° 108551

Visites 44

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues