BERLIN, German: Aug 5 (Reuters) – Germany’s cartel office said Tuesday that it has no fundamental competition concerns regarding the planned construction of two CO2 pipelines by Open Grid Europe GmbH (OGE) in collaboration with ONTRAS Gastransport GmbH and Belgian company Fluxys.
“According to the current status, even without cooperation, it would not be expected that the participating companies would undertake competing CO2 pipeline projects in the coming years,” said Andreas Mundt, president of the cartel office.
“Therefore, from a competition perspective, there are no fundamental concerns against the two cooperation projects.”
The projects, expected to involve investments in the single-digit billion-euro range, aim to enhance Germany’s carbon capture and storage (CCS) capabilities.