Repsol unable to expand in regions of Spain
The company exceeds the 30% market share, the threshold established to ensure fair competition in the Spanish hydrocarbon sector. Cepsa and Disa will also face limitations on growth in certain geographical areas.
Repsol is not allowed to expand the number of petrol stations during one year in 36 geographical areas of Spain, as the company exceeds the 30% market share in these territories, including provinces, islands and autonomous cities.
Repsol will not be able to expand the number of petrol stations in Albacete, Alicante, Asturias, Ávila, Balearic Islands, Cáceres, Cantabria, Ciudad Real, Córdoba, A Coruña, Cuenca, Guadalajara, Huelva, Huesca, Jaén, León, Lleida, Lugo, Madrid, Málaga, Murcia, Ourense, Palencia, Pontevedra, La Rioja, Salamanca, Segovia, Soria, Teruel, Toledo, Valladolid, Vizcaya and Zaragoza, as well as the islands of Formentera, Ibiza and Mallorca,
Spanish oil company Cepsa will also see its growth limited in five territories: Ceuta, Melilla, and the islands of Formentera, Ibiza and Menorca.
The independent petrol station operator Disa will also face restrictions on growth in the Canary Islands, and in Melilla. In the Canary Islands, the limitation will be effective in the province of Las Palmas and Santa Cruz de Tenerife, and on the islands of Fuerteventura, La Palma, Lanzarote, Tenerife, La Gomera and El Hierro.
The 30% market share is the threshold set to limit business growth and ensure fair competition in the Spanish hydrocarbon sector.
The limitations on growth are in accordance with a resolution of the Directorate General for Energy Policy and Mines published in Spain's Official State Gazette (BOE) last Friday.
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