natgillin/translations-raw huggingface dataset:
Competitor No 2 refers to the PFC Energy report mentioned in footnote 31, in which it is mentioned that Petrogal’s investment project was already a reality in 2006.
Konkurent št. 2 se sklicuje na poročilo svetovalnega podjetja PFC Energy, omenjeno v opombi 31, v katerem je navedeno, da je Petrogalov naložbeni projekt obstajal že leta 2006.
The investment project could only be carried out in Matosinhos and Sines regions (not because these are assisted areas, but because the refineries are located there).
Naložbeni projekt bi se lahko izvedel samo v regijah Matosinhosa in Sinesa (ne zato, ker sta to območji, ki prejemata pomoč, ampak zato, ker se tam nahajata rafineriji).
Finally, Competitor No 2 considers that there could not be, by definition, another location to invest into the reconfiguration of the existing refineries.
Ne nazadnje, konkurent št. 2 meni, da po definiciji ne bi bila mogoča druga lokacija za naložbo v preureditev obstoječih rafinerij.
Products concerned and relevant market
Zadevni proizvodi in upoštevni trg
Competitor No 2 only submitted comments regarding diesel fuel.
Konkurent št. 2 je predložil pripombe v zvezi z dizelskim gorivom.
Ex-refinery level
Raven prejšnje rafinerije
Competitor No 2 explains that, although there are no legal barriers to imports, these are highly conditioned (if not limited) by a range of physical factors (lack of import storage locations, their location and ownership, the limitations of the secondary logistical network) and market structure factors (ability to set the ex-refinery prices).
Konkurent št. 2 pojasnjuje, da so kljub odsotnosti pravnih ovir pri izvozu le-te močno pogojene (če ne omejene) z vrsto fizičnih dejavnikov (pomanjkanje skladiščnih mest za uvoz, njihova lokacija in lastništvo, omejitve sekundarnega logističnega omrežja) in dejavniki tržne strukture (zmožnost določanja cen prejšnje rafinerije).
Non-retail level
Veleprodajna raven
The other Portuguese market players import 90 % of the total diesel imported, on which they face substantial difficulties, as mentioned in the Portuguese Competition Authority report entitled ‘Relatório final sobre os sectores dos combustíveis líquidos e do gás engarrafado em Portugal’ [31] (the ‘Authority report’).
Ostali portugalski akterji na trgu uvozijo 90 % skupnega uvoženega dizelskega goriva, pri čemer se srečujejo z velikimi težavami, kot je navedeno v poročilu portugalskega organa, pristojnega za konkurenco, z naslovom „Relatório final sobre os sectores dos combustíveis líquidos e do gás engarrafado em Portugal“ [31] (v nadaljnjem besedilu: poročilo organa).
Competitor No 2 considers that all these factors make the Portuguese market more closed than comparable markets in other countries.
Konkurent št. 2 meni, da je portugalski trg zaradi vseh teh dejavnikov bolj zaprt kot primerljivi trgi v drugih državah.
Competitor No 2 considers that the assessment of the relevant market should not be limited to the ex-refinery level, but should also cover distribution and sales channels (retail and non-retail).
Konkurent št. 2 meni, da ocena upoštevnega trga ne bi smela biti omejena na raven prejšnje rafinerije, ampak bi morala vključevati tudi distribucijske kanale in prodajne poti (na drobno in na debelo).
The investment project will increase the production by 2,5 million tonnes per annum, transforming Portugal into a country with an annul surplus of 1,6 million tonnes of diesel, plus annual 0,5 million tonnes of bio-diesel from the Sines refinery.
Naložbeni projekt bo povečal proizvodnjo za 2,5 milijona ton na leto, s čimer bo Portugalsko preoblikoval v državo z letnim presežkom 1,6 milijona ton dizelskega goriva, k temu pa je treba prišteti še 0,5 milijona ton biodizelskega goriva na leto iz rafinerije v Sinesu.
Non-retail and retail sales
Trgovina na debelo in drobno
According to the Authority report, this level of sales is considered as a second level in the diesel distribution structure.
Glede na poročilo organa se ta raven trgovine obravnava kot druga raven v strukturi distribucije dizelskega goriva.
The diesel price will depend on the purchase price at the refinery or on import, to which transport and storage costs are added, and the sales margin.
Cena dizelskega goriva bo odvisna od nakupne cene v rafineriji ali od uvoza, k čemur so dodani stroški skladiščenja, in od prodajne marže.
Competitor No 2 considers that Petrogal competes also at distribution level, with a clear competitive advantage: any aid granted to reduce Petrogal’s cost in the production of diesel would strengthen its current dominant position in the Portuguese market (51 % in the non-retail market and 37 % in the retail market).
Konkurent št. 2 meni, da Petrogal konkurira tudi na ravni distribucije, pri čemer ima jasno konkurenčno prednost: kakršna koli pomoč, dodeljena za zmanjšanje stroškov Petrogala v proizvodnji dizelskega goriva, bi okrepila njegov sedanji prevladujoč položaj na portugalskem trgu (51 % na trgu na debelo in 37 % na trgu na drobno).
Competitor No 2 considers that the relevant geographic market should be, at most, the Iberian market.
Konkurent št. 2 meni, da bi moral biti upoštevni geografski trg kvečjemu iberski trg.
The relevant geographic market could only be at EEA level if diesel imports effectively compete with diesel refined in Portugal (namely assuming there are no legal or economic barriers to entry).
Upoštevni geografski trg je lahko samo na ravni EGP, če uvoz dizelskega goriva učinkovito konkurira z dizelskim gorivom, rafiniranim na Portugalskem (pri čemer se sicer domneva, da pri vstopu ni nobenih pravnih ali gospodarskih ovir).
Aid to the investment will affect Petrogal’s competitors on the Iberian market, as refineries located in Spain made similar investments (with very similar strategic goals) without aid.
Pomoč za naložbo bo vplivala na Petrogalove konkurente na iberskem trgu, saj so rafinerije, ki so v Španiji, izvedle podobne naložbe (z zelo podobnimi strateškimi cilji) brez pomoči.
Should non-retail and retail sales be deemed part of the relevant product market, Petrogal’s market share in the national and local markets is well above the 25 % threshold set out in paragraph 68 of the RAG, and aid should not be granted.
Če se trgovini na debelo in na drobno obravnavata kot del upoštevnega proizvodnega trga, je Petrogalov tržni delež na nacionalnih in lokalnih trgih precej večji od 25-odstotnega praga, določenega v odstavku 68 Smernic, zato pomoč ne sme biti dodeljena.
Competitor No 2 considers that, on the supply side, the non-retail gasoline and diesel markets are highly concentrated (the top four market players enjoy over 95 % market share), as indicated by the Portuguese Competition Authority in its report.
Konkurent št. 2 meni, da so z vidika dobave veleprodajni trgi z bencinom in dizelskim gorivom zelo zgoščeni (tržni delež prvih štirih akterjev na trgu je več 95-odstoten), kot je v svojem poročilu navedel portugalski organ, pristojen za konkurenco.
Petrogal has an estimated share of the non-retail diesel market in Portugal in volume terms between 35 % and 45 %.
Predviden Petrogalov delež veleprodajnega trga z dizelskim gorivom na Portugalskem glede na količino znaša med 35 % in 45 %.
Competitor No 2 considers that the investment project will result in an additional production capacity 2,5 Mtonnes and taking this project in conjunction with this others that Petrogal has undertaken, Petrogal will be in position to meet the internal demand in the Portuguese diesel market but also to export close to 2 Mtonnes of diesel to neighbouring countries (Spain and France).
Konkurent št. 2 meni, da bo naložbeni projekt povečal proizvodno zmogljivost za 2,5 milijona ton, Petrogal pa bo lahko s tem projektom in v povezavi z ostalimi, h katerim se je zavezal, zadovoljil domače povpraševanje na portugalskem trgu z dizelskim gorivom ter prav tako izvozil skoraj 2 milijona ton dizelskega goriva v sosednje države (Španijo in Francijo).
Comments submitted by letter dated 10 September 2010, in reply to the Commission’s request for information dated 4 August 2010.
Pripombe, predložene v dopisu z dne 10. septembra 2010 kot odgovor na zahtevo Komisije za predložitev informacij z dne 4. avgusta 2010
Similar investment projects carried out and rate of return
Podobni izvedeni naložbeni projekti in stopnja donosa
Competitor No 2 indicates that there is no rate of return benchmark established at sectoral level, since companies have their own target rate and target rates could differ depending on the characteristics of each investment project.
Konkurent št. 2 navaja, da na sektorski ravni ni vzpostavljene referenčne stopnje donosa, saj imajo podjetja svojo lastno ciljno stopnjo, ciljne stopnje pa se lahko razlikujejo glede na značilnosti vsakega naložbenega projekta.
Competitor No 2 gives a list of five refineries which undertook similar investment projects, amounting to more than EUR 6 billion in total, without State aid.
Konkurent št. 2 navaja seznam petih rafinerij, ki so se zavezale k izvajanju podobnih naložbenih projektov, ki brez državne pomoči skupno znašajo več kot 6 milijard EUR.
Barriers to diesel imports (at ex-refinery level)
Ovire pri uvozu dizelskega goriva (na ravni prejšnje rafinerije)
Competitor No 2 points out that storage capacities and port facilities are limited.
Konkurent št. 2 poudarja, da so zmogljivosti skladiščenja in zmogljivosti pristanišč omejene.
Therefore, shipments to Portugal take place in smaller quantities, which leads to higher distribution costs that affect the final retail and non-retail sales margins.
Zato odpremljanje na Portugalsko poteka v manjšem obsegu, kar vodi v višje stroške distribucije, ki vplivajo na končne marže pri prodaji na drobno in debelo.
As regards storage facilities, Competitor No 2 indicates that the installations are normally used by the owner (such as Petrogal), for its own purposes.
Konkurent št. 2 v zvezi s skladišči navaja, da lastnik (kot je Petrogal) običajno uporablja objekte v lastne namene.
In cases of storage facilities belonging to third parties, little storage is available due to existing long term contracts already signed with other operators.
V primerih, ko skladišča pripadajo tretji strani, je zaradi veljavnih dolgoročnih pogodb, ki so že podpisane z drugimi udeleženci na trgu, na razpolago malo prostora za skladiščenje.
Competitor No 2 considers Petrogal has an advantage in its diesel sale price towards its competitors estimated around 3 to 5 USD/tonne due to its dominant position in the storage facilities.
Konkurent št. 2 meni, da je Petrogal s svojo prodajno ceno dizelskega goriva v prednostnem položaju v primerjavi s svojimi konkurenti, in sicer za približno 3 do 5 USD/tono zaradi svojega prevladujočega položaja v zvezi s skladišči.
Portugal adds that the EIB will provide funding and that the aid, in the form of a tax credit, will be granted as from 2011.
Portugalska dodaja, da bo EIB zagotovila finančna sredstva in da bo pomoč v obliki odbitka davka odobrena z letom 2011.
Portugal also considers that assessing the investment project as an ad hoc aid should not lead to a tightening of the assessment rules.
Portugalska tudi meni, da opredelitev naložbenega projekta kot ad hoc pomoč ne sme voditi do zaostritve pravil ocenjevanja.
Indeed, the investment project contract and the aid contract concluded between Portugal and the beneficiary are conditional on the Commission’s positive decision.
Pogodba o naložbenem projektu in pogodba o pomoči, sklenjeni med Portugalsko in upravičencem, sta dejansko odvisni od pozitivne odločitve Komisije.
Since the investment project and aid contracts were already submitted to the Commission during the notification phase, Portugal suggests submitting an administrative letter — with the investment project and aid contracts referred to in page 8 of the opening decision in annex to this administrative letter — indicating the entry into force of these contracts.
Ker so bili naložbeni projekt in pogodbi o pomoči Komisiji predloženi že v obdobju priglasitve, Portugalska predlaga predložitev upravnega dopisa (z naložbenim projektom in pogodbama o pomoči s strani 8 sklepa o začetku postopka kot prilogo k navedenemu upravnemu dopisu), v katerem se navede začetek veljavnosti navedenih pogodb.
Comments regarding the investment project
Pripombe v zvezi z naložbenim projektom
The investment project as an initial investment
Naložbeni projekt kot začetna naložba
Portugal considers that the investment project constitutes an initial investment falling into the following categories: extension of an existing establishment or fundamental change of the production process.
Portugalska meni, da naložbeni projekt predstavlja začetno naložbo, ki spada v naslednje kategorije: širitev obstoječe ustanove ali bistvena sprememba proizvodnega procesa.
Fundamental change in the overall production process
Bistvena sprememba v celotnem proizvodnem procesu
According to Portugal, the new vacuum distillation unit and the new hydrocracker unit will allow the production of higher quantities of diesel and thus to adjust the diesel production to market needs.
Po mnenju Portugalske bosta nova vakuumska destilacijska enota in nova enota za hidrokreking omogočili proizvodnjo večje količine dizelskega goriva in s tem prilagoditev proizvodnje dizelskega goriva potrebam na trgu.
Such adjustment is not possible with the existing configuration of the refining system that offers very little flexibility to shift production from gasoline to diesel.
Taka prilagoditev ni mogoča z obstoječo konfiguracijo sistema rafinerij, ki omogoča zelo malo prožnosti pri preusmeritvi proizvodnje od bencina k dizelskemu gorivu.
Extension of the existing establishment
Širitev obstoječe ustanove
The new vacuum distillation unit and visbreaker in Matosinhos, the new hydrocracker unit in Sines and the original pre-existing refining units will function simultaneously.
Nova vakuumska destilacijska enota in enota za viskoredukcijo v Matosinhosu, nova enota za hidrokreking v Sinesu ter prvotne, že obstoječe enote za rafiniranje bodo delovale istočasno.
Therefore, Portugal considers the investment project to be an extension of the production system with a fundamental change of the production process.
Zato Portugalska naložbeni projekt obravnava kot širitev proizvodnega sistema z bistveno spremembo proizvodnega procesa.
The project as a SIP
Projekt kot enoten naložbeni projekt
The Portuguese authorities explain that the new process configuration will reinforce the operational and functional complementary links between the two refineries: vacuum gas oil [ ] will be transported from Matosinhos to Sines and, heavy naphtha [ ] will be transported from Sines to Matosinhos.
Portugalski organi pojasnjujejo, da bo nova konfiguracija procesa okrepila operativne in funkcionalne dopolnilne povezave med tema dvema rafinerijama: vakuumsko plinsko olje [ ] se bo prevažalo iz Matosinhosa v Sines, težka nafta [ ] pa se bo prevažala iz Sinesa v Matosinhos.
The investment project is taking place in an integrated refining system: Sines and Matosinhos refineries are inseparable, in particular to optimise diesel production.
Naložbeni projekt se izvaja v celostnem sistemu rafinerij: rafineriji v Sinesu in Matosinhosu sta neločljivo povezani, zlasti za optimizacijo proizvodnje dizelskega goriva.
Only the geographic criterion (‘immediate geographic proximity’) is not respected.
Izpolnjeno ni le geografsko merilo („neposredna geografska bližina“).
However, splitting the investment project into two parts would be artificial since it is technically, functionally and strategically indivisible [32].
Ker je naložbeni projekt tehnično, funkcionalno in strateško nedeljiv [32], bi bila delitev projekta na dva dela umetna.
Comments regarding the characterisation of the market and the relevant products
Pripombe v zvezi z opredelitvijo trga in zadevnih proizvodov
Relevant products
Zadevni proizvodi
Portugal considers that the relevant products are diesel and heavy naphtha, with diesel being the economic driver for the investment and heavy naphtha being a technically inevitable by-product of the production in Sines.
Portugalska meni, da sta zadevna proizvoda dizelsko gorivo in težka nafta, pri čemer je dizelsko gorivo gospodarsko gonilo naložbe, težka nafta pa tehnološko neizogiben stranski proizvod proizvodnje v Sinesu.
As regards the heavy naphtha produced by the reconfigured refineries, it will be used domestically, in Petrogal’s aromatics production in Matosinhos, and it will substitute imports (92 % of which are originated from outside the EU).
Težka nafta, proizvedena v preurejenih rafinerijah, bo v domači rabi, tj. v Petrogalovi proizvodnji aromatov v Matosinhosu, in bo nadomeščala uvoz (katerega 92 % ne izvira iz EU).
The investment project will increase only the production of heavy naphtha in Sines (by [200-250] Ktonnes yearly) [33].
Naložbeni projekt bo povečal samo proizvodnjo težke nafte v Sinesu (za [200–250] kiloton na leto) [33].
The increased production of heavy naphtha in Sines will replace the quantities currently imported in Matosinhos and will not be sold to third parties.
Povečana proizvodnja težke nafte v Sinesu bo nadomestila količino, ki se trenutno uvaža v Matosinhos, in se ne bo prodajala tretjim stranem.
Portugal clarified that no investment in the Matosinhos refinery relates to the specific units processing heavy naphtha into reformer, an intermediate product for the aromatics (namely naphtha derivatives) production, and subsequently processing reformer in Petrogal’s Matosinhos based aromatics plant into naphtha derivatives (which are sold on the market at market prices to the second generation petrochemical industry).
Portugalska je pojasnila, da se nobena naložba v rafinerijo v Matosinhosu ne navezuje na posebne enote, ki predelujejo težko nafto v reformer, tj. polizdelek za proizvodnjo aromatov (in sicer naftnih derivatov), in posledično predelavo reformerja v naftne derivate (ki se po tržnih cenah na trgu prodajo drugi generaciji petrokemične industrije) v Petrogalovem obratu za proizvodnjo aromatov v Matosinhosu.
The price of reformer charged to the aromatic plant will remain unchanged as it is indexed to [10-20] % of the import parity of naphtha and [80-90] % of the gasoline export parity.
Cena reformerja, ki se zaračuna obratu za proizvodnjo aromatov, bo ostala nespremenjena, saj je indeksirana na [10–20] % paritete uvoza nafte in [80–90] % paritete izvoza bencina.
In relation to diesel
V povezavi z dizelskim gorivom
Portugal considers its relevant national market to be open and competitive without barriers to trade.
Portugalska svoj upoštevni nacionalni trg obravnava kot odprt in konkurenčen ter brez ovir v trgovini.
Diesel prices are based on the price for crude oil and refining costs.
Cene dizelskega goriva temeljijo na ceni surove nafte in stroških rafiniranja.
Refiners have to compete with imports.
Rafinerije konkurirajo uvozu.
Portugal considers the relevant geographic market to be Northwest Europe.
Portugalska kot upoštevni geografski trg šteje severozahodno Evropo.
In relation to naphtha
V povezavi z nafto
Previous Commission decisions state that naphtha is an internationally traded product and the relevant product market is at least Western Europe.
V prejšnjih sklepih Komisije je navedeno, da je nafta proizvod, ki se trži na mednarodni ravni, upoštevni proizvodni trg pa je vsaj Zahodna Evropa.
Beneficiary’s market share
Tržni delež upravičenca
At group level (not including ENI figures since it does not have refining or retailing activities in the Iberian market and the Herfindahl-Hirschman Index (HHI) shows low concentration level at European level), the market share is below 25 % at regional level.
Na ravni skupine (kar ne vključuje številk družbe ENI, ker na iberskem trgu ne izvaja dejavnosti rafinerij ali prodaje na drobno, indeks Herfindahl–Hirschman (HHI) pa kaže nizko raven koncentracije na evropski ravni) je tržni delež na regionalni ravni manj kot 25-odstoten.
Comments regarding the project within a European, national and regional strategy
Pripombe v zvezi s projektom v okviru evropske, nacionalne in regionalne strategije
Portugal underlines that the investment project is in line with strategic objectives taken at national or European level.
Portugalska poudarja, da je naložbeni projekt skladen s strateškimi cilji, sprejetimi na nacionalni ali evropski ravni.
The maximisation of diesel production — estimated at [1-3] Mtonnes/year from 2011 — will allow a better use of the processing capacity of the national refining system.
Povečanje proizvodnje dizelskega goriva (ki se ocenjuje na [1–3] milijone ton/leto od leta 2011) bo omogočilo boljšo uporabo obdelovalne zmogljivosti nacionalnega sistema rafinerij.
It will allow to better match supply and demand and to counteract the serious deficit of diesel and to reduce surplus gasoline production.
Omogočilo bo boljše uravnavanje ponudbe in povpraševanja ter preprečilo resno pomanjkanje dizelskega goriva in zmanjšalo presežek proizvodnje bencina.
Energy dependency of the EU
Energetska odvisnost EU
According to Portugal, the investment project will reduce the dependency on Russian diesel imports — which is an objective adopted by the Commission (in its 2008 Second Strategic Energy Review: an EU energy security and solidarity action plan [34]) and the Member States.
Po mnenju Portugalske bo naložbeni projekt zmanjšal odvisnost od uvoza dizelskega goriva iz Rusije – kar je cilj, ki so ga sprejele Komisija (v svojem Drugem strateškem pregledu energetske politike iz leta 2008: akcijski načrt EU za varnost preskrbe in solidarnost pri preskrbi z energijo [34]) in države članice.
The demand for diesel has increased and will increase between 2000 and 2025 but refineries in their existing configurations can only adapt marginally to the evolution of demand without major investment into reconfigurations.
Povpraševanje po dizelskem gorivu se je povečalo in se bo med letoma 2000 in 2025 še povečevalo, vendar se lahko rafinerije v svoji obstoječi obliki le delno prilagodijo razvoju povpraševanja brez večje naložbe v preoblikovanja.
Petrogal’s investment foresees to the increased demand and reduces dependency on imports and associated supply risks.
Petrogalova naložba predvideva povečano povpraševanje ter zmanjšuje odvisnost od uvoza in s tem povezana tveganja glede ponudbe.
The investment project will promote the reduction of the atmospheric emissions and the energy efficiency of the installations will be optimised.
Naložbeni projekt bo spodbudil zmanjšanje emisij v zrak, energetska učinkovitost objektov pa bo optimizirana.
The energy rationalisation measures foreseen allow reducing the current energy consumption in the refineries by [ ] %.
Predvideni ukrepi za racionalizacijo porabe energije omogočajo [ ]-odstotno zmanjšanje sedanje porabe energije v rafinerijah.
When production begins at the reconfigured refineries, the same cargo will be processed, but with a considerably higher conversion capacity, with lower energy consumptions, and with emissions reduction.
Ko se bo začela proizvodnja v preoblikovanih rafinerijah, se bo obdeloval enak tovor, vendar z bistveno večjo zmogljivostjo za pretvorbo, z nižjo porabo energije in z manjšimi emisijami.
Summary of environmental benefits and their importance
Povzetek koristi za okolje in njihov pomen
According to Portugal, the impact on air pollution has a significant importance, as the investment project will reduce the refineries’ fixed-source emissions and thus contribute towards the achievement of the regional and national air quality objectives.
Po mnenju Portugalske je učinek na onesnaženost zraka bistvenega pomena, saj bo naložbeni projekt zmanjšal emisije rafinerij iz nespremenljivega vira ter s tem prispeval k doseganju regionalnih in nacionalnih ciljev glede kakovosti zraka.
At regional level, the importance of the investment project is recognised in so far as it also includes the introduction of natural gas in the refineries’ fuel portfolio and in the replacement of the current steam production plant by a cogeneration unit.
Pomen naložbenega projekta je na regionalni ravni priznan pod pogojem, da vključuje tudi uvedbo zemeljskega plina v portfelj goriv rafinerij ter pri zamenjavi sedanjega obrata za pridobivanje pare z enoto za soproizvodnjo toplote in električne energije.