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OFT to investigate Shell, Greenergy and Vopak’s proposed purchase of Coryton

16 August, 2012

The Office of Fair Trading (OFT) has today opened its enquiry into the anticipated acquisition of Coryton refinery by a consortium comprising Shell, Greenergy and Vopak.

The three companies confirmed at the end of June that they plan to develop and invest in a state-of-the-art import and distribution terminal to be managed by Vopak at the former Coryton refinery site.

A statement from the OFT said: “The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom.”

Written representations about any competition or public interest issues should be submitted by August 31, 2012 to:

Tom Heideman

Office of Fair Trading

Fleetbank House

2-6 Salisbury Square

London EC4Y 8JX

Email: tom.heideman@oft.gsi.gov.uk

Fax: 020 7211 8916

Related articles:

>> Vopak, Greenergy and Shell set out plans for Coryton





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