|
|
Enron Mail |
FYI
----- Forwarded by Eric Benson/NA/Enron on 05/11/2001 10:01 AM ----- webmaster@cera.com 05/11/2001 09:54 AM To: insights@cera.com cc: Subject: The Battle of the Destination Clauses - CERA Decision Brief Title: The Battle of the Destination Clauses URL: http://www20.cera.com/eprofile?u=35&;m=2378 EUROPEAN GAS REPORT-THE BATTLE OF THE DESTINATION CLAUSES The next round in the long war over competition in European gas is being fought on a new battleground-destination clauses that sit within (or alongside) many long-term contracts for gas supply in Europe. The Directorate General for Competition of the European Commission (DG COMP) recently said it has been investigating several long-term take-or-pay contracts for over a year to make sure that destination clauses fall in line with European Union (EU) competition laws. * The abolition of territorial restriction clauses would be a prelude to more widespread renegotiation of long-term take-or-pay contracts and would bring genuine competition in European gas markets. * In parallel with the pressure from the competition authorities, new commercial opportunities appear to be opening up, notably in the Mediterranean, bringing further pressure to bear on the destination clauses. **end** Follow the URL above for the complete report. E-mail Category: Decision Brief CERA Knowledge Area(s): European Gas, *********************************************************************** CERA's Spring 2001 Roundtable event dates and agendas are now available at http://www20.cera.com/event *********************************************************************** To make changes to your cera.com profile go to: http://www20.cera.com/client/updateaccount Forgot your username and password? Go to: http://www20.cera.com/client/forgot This electronic message and attachments, if any, contain information from Cambridge Energy Research Associates, Inc. (CERA) which is confidential and may be privileged. Unauthorized disclosure, copying, distribution or use of the contents of this message or any attachments, in whole or in part, is strictly prohibited. Terms of Use: http://www20.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates
|