Oil pipeline: The Autorité takes note of the sole control acquisition project’s withdrawal of Trapil by Pisto

The Autorité de la Concurrence takes note of Pisto’s announcement to withdraw from the transaction under which this company specialised in petroleum product storage intended to acquire sole control of Trapil, the leading company for refined product (petrol, diesel, heating oil, jet fuel) pipeline transport in France.

This transaction entailed high risks to competition for both the refined petroleum product transport and storage markets, which had been identified by the Autorité following the in-depth examination procedure.