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Case details

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Merger control
Case reference
CCENT/2007/77 - PORTGÁS/GALP GÁS NATURAL
Acquired
Assets Galp - Gás Natural, S.A.
Description
a set of regulated infrastructures used in the transport of medium pressure natural gas, comprising, in particular, the Avintes and Barcelos medium pressure ("MP") spur lines and a set of measurement points (situated in Famalicão, Santo Tirso, Maia, Avintes, Vila Nova de Gala and Barcelos). At present these assets are assigned to the Galp Gás Natural franchise.
Acquiring
Portgás - Sociedade de Produção e Distribuição de Gás, S.A.
Description
a public service franchise holder, with exclusivity, for the distribution of natural gas; its activity consists of the development and operation of the public gas distribution network in the northern coastal region of Portugal. This public service franchise was awarded to Portgás by the Portuguese state in 1993, for a period of 35 years (until 2028). The franchise area covers 29 municipalities, in the districts of Oporto, Braga and Viana do Castelo.
Sector
  • Energy and Fuels
Activity (NACE)
  • D35 - Electricity, gas, steam, cold and hot water and cold air
Applicable legislation
Art. 9(1)(a) and (b) (Law 18)
Notification thresholds
Turnover and market share
Type of merger
Vertical
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description
Notified on 14 November 2007, this merger consists of the acquisition, by the undertaking Portgás - Sociedade de Produção e Distribuição de Gás SA (Portgás), of exclusive control of a set of Regulated Gás Natural Assets ("Assets"), at present held by the company Galp Gás Natural SA ("Galp Gás Natural").
Timeline
2007-12-27
Competition Authority authorises the acquisition, by Portgás - Sociedade de Produção e Distribuição de Gás SA, of exclusive control of a range of Regulated Gás Natural Assets, currently owned by Galp Gás Natural SA
2007-11-21
Publication of the announcement
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