On the basis of an act, voted by Belgian parliament last week and amending the Gas Act, at the latest on 31 December 2009 all supply undertakings, electricity producers, electricity suppliers, intermediaries, and affiliated companies of the aforementioned companies cannot hold solely or jointly more than 24,99% of the shares of the natural gas transmission system operator (Fluxys).
Moreover, the bye-laws and statutes of the transmission system operator cannot grant special rights to the aforementioned undertakings.
Wednesday, 1 July 2009
Energy Undertakings Cannot Hold More Than 24,99% of the Fluxys' shares
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