Natural Gas

Articles 1, 2 and 25 (2) of the Greek Competition Act 3959/2011

Finding an infringement – Settlement procedure 

The Plenary Session of the Competition Commission decided in an open vote, by a majority the following:

A. The non-compliance of DEPA with Decision no. 551 / VII / 2012 of the Competition Commission regarding the first of the seven commitments.

B. Imposes a fine on DEPA amounting to sixty thousand (60,000) euros for its non-compliance with the above first commitment.

C. Threatens a fine and a penalty payment for DEPA, if the continuation or repetition of the identified violations is confirmed by the Commission.

D. The compliance of DEPA with Decision no. 551 / VII / 2012 of the Competition Commission for the second commitment regarding a)  the introduction of the flexibility factor and b) the introduction of the ESFA entry fee in the new pricing system of DEPA.

E. The compliance of DEPA with Decision no. 551 / VII / 2012 of the Competition Commission on the third, fourth, fifth, sixth and seventh commitments concerning a) the program for the supply of natural gas quantities through electronic tenders b) with the standard contracts for the assignment of DMI and the purchase and sale of natural gas within the LNG tank respectively and c) with the assignment of unused DMI and commitment of capacity from DEPA at the entry points of the ESFA respectively.