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EU regulators to develop plan for joint natural-gas purchasing in 2015

By Laurel Henning and Matthew Newman ( November 25, 2014, 16:55 GMT | Insight) -- Lead EU officials including antitrust chief Margrethe Vestager and energy commissioner Miguel Arias Cañete will begin work next year on policies to allow EU governments to jointly purchase natural gas without infringing global trade laws or EU competition legislation. The collective purchasing would give the 28-country bloc more bargaining power with foreign gas suppliers, according to a draft European Commission policy document seen by MLex.Lead EU officials including antitrust chief Margrethe Vestager and energy commissioner Miguel Arias Cañete will begin work next year on policies to allow EU governments to jointly purchase natural gas without infringing global trade laws or EU competition legislation. The collective purchasing would give the 28-country bloc more bargaining power with foreign gas suppliers, according to a draft European Commission policy document seen by MLex....

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