Fertilizer Producer Can't Upend Lithuanian Gas Rules

By Christopher Crosby (September 8, 2021, 5:23 PM BST) -- A European Union court on Wednesday upheld a state aid decision that allowed Lithuania to shift the cost of maintaining natural gas supplies to consumers, despite rejecting a decision by the bloc's competition watchdog to clear an earlier version of the rules.

The European Commission did not conduct a sufficiently thorough investigation into whether state aid measures passed by the Baltic nation in 2016 distorted competition among companies that consume natural gas, the European General Court ruled. But the court allowed a 2019 version of the rules that replaced the initial version to go forward despite a challenge brought by a...

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