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Gazprom Cleared to Buy 7 More Gas Stations in Bulgaria

© RIA Novosti . Ruslan Krivobok  / Go to the photo bankRussian energy giant Gazprom
Russian energy giant Gazprom - Sputnik International
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Bulgaria’s antitrust watchdog has approved the purchase of another seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom, the Sofia news agency reported on Monday.

Bulgaria’s antitrust watchdog has approved the purchase of another seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom, the Sofia news agency reported on Monday.

A month ago, the Commission for Protection of Competition (CPC) allowed NIS Petrol EOOD to acquire the first seven stations.

According to the CPC, the company is a new player on Bulgaria’s fuel retail market and is unlikely to develop a dominant position that could affect competition, considering its small market share.

The anti-monopoly agency also said none of the market players have voiced concerns about the deal’s negative impact on the competitive environment in the sector.

 

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