Prior notification of a concentration (Case M.9837 — BP/Sinopec Fuel Oil Sales/BP Sinopec Marine Fuels) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 6/13
Date: 2021-01-08
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, energy industry, energy supply, gas industry, merger control, oil industry, petrochemicals, retail trade, soft energy, wholesale trade








C_2021006EN.01001601.xml










8.1.2021   


EN


Official Journal of the European Union


C 6/16






Prior notification of a concentration
(Case M.9837 — BP/Sinopec Fuel Oil Sales/BP Sinopec Marine Fuels)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 6/13)

1.   
On 22 December 2020, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


BP Plc. (United Kingdom),










—


Sinopec Fuel Oil Sales Co. Ltd (People’s Republic of China), controlled by China Petrochemical Corporation (People’s Republic of China),










—


BP Sinopec Marine Fuels Pte. Ltd.




BP Plc. and Sinopec Fuel Oil Sales Co. Ltd acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of BP Sinopec Marine Fuels Pte. Ltd.
The concentration is accomplished by way of contract.


2.   
The business activities of the undertakings concerned are:






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for BP Plc.: exploration, production and marketing of crude oil and natural gas; refining, marketing, supply and transportation of petroleum products; production and supply of petrochemicals and related products; and supply of alternative energy,










—


for Sinopec Fuel Oil Sales Co. Ltd: providing oil products and service to domestic and international trading vessels,










—


BP Sinopec Marine Fuels Pte. Ltd: wholesale and retail supply of bunker fuels in Europe, Asia and the Middle East.






3.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


4.   
The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.9837 — BP/Sinopec Fuel Oil Sales/BP Sinopec Marine Fuels
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu
Fax +32 22964301
Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.