European Commission approves JERA, EDF LNG trading JV
The integration of the liquefied natural gas trading and optimization businesses of Japan’s JERA and France’s EDF Trading has received the green light from the European Commission.
JERA Trading, an entity controlled jointly by JERA and EDF Trading, has been given the European Commission’s approval to acquire EDF Trading Limited of the United Kingdom.
The Commission concluded that the proposed acquisition would not raise competition concerns, because it does not result in any overlaps.
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