OPAL settlement agreement signed again

Approval by the European Commission required

Kassel. A settlement agreement that was negotiated in 2013 by the German Network Agency, OPAL Gastransport GmbH & Co. KG, PAO Gazprom and OOO Gazprom export but did not take effect has been renegotiated with virtually the same terms. Under the agreement, the Amendment OPAL Exemption Decision would be lifted and the operative provisions of the Original OPAL Exemption Decision from 2009 would be amended. The European Commission must approve the agreement before it may take effect.