The FCO has fined two liquefied natural gas suppliers, Westfalen and Propan Rheingas, €41 million for running a customer-allocation and price-fixing cartel for at least eight years. The FCO previously fined nine other cartel members a total of €209 million. The case was decided under the old fining guidelines and the FCO has calculated the fines based on the cartel’s profits. It is expected that the application of the new guidelines, which take into account the parties’ revenues, will result in higher fines. Westfalen has appealed the FCO ’s decision.
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Germany fines liquefied gas suppliers
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