26 April 2024
Austria adopts EC’s 3rd energy package and paves way for one main gas market area
Publication date: 03 March 2011
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Austria’s government has passed a new amendment to the gas industry law, incorporating the requirements of the European Commission’s third energy package, the economics ministry said in a statement. The new rules will lead to the creation of one main gas market area in Austria - next to two other minor gas zones, Tirol and Vorarlberg - which will be operated independently from the country’s new virtual trading point. The third energy package comes into force today.