French Government Tells LPG Suppliers To Make Contracts Lawful
28 December 2009 - 10:00PM
Dow Jones News
The French government Monday told suppliers of liquefied
petroleum gas they must bring their contracts in line with consumer
law.
An investigation by France's General Directorate for Competition
Policy, Consumer Affairs and Fraud Control, or DGCCRF, has found
that many contracts for LPG supply contain unfair or unlawful
clauses, Finance Minister Christine Lagarde and junior minister for
trade Herve Novelli said in a joint statement.
The contracts in question--often to rural populations not
connected to gas networks--prevent customers from changing supplier
and are a barrier to competition with other forms of energy, the
ministers said.
The ministry and DGCCRF weren't immediately available to comment
on which suppliers are concerned.
The French Committee of Butane and Propane lists six vendors of
bottled and tank gas in France: UGI Corp.'s (UGI) subsidiary
Antargaz; Royal Dutch Shell PLC's (RDSA.LN) Butagaz; SHV Gas'
Primagaz; Repsol SA (REP); Total SA's (TOT) Totalgaz and Rubis SA's
(RUI.FR) Vitogaz.
-By William Horobin, Dow Jones Newswires; +33 1 4017 1740;
william.horobin@dowjones.com
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