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BP / CHINA NATIONAL AVIATION FUEL GROUP / CNAF AIR BP GENERAL AVIATION FUEL COMPANY
M.9552
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Disclaimer :
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
M. 9552 – BP/CHINA NATIONAL AVIATION FUEL GROUP/CNAF AIR BP GENERAL AVIATION FUEL COMPANY
SECTION 1.2
Description of the concentration
On 30 September 2019, the European Commission received notification of a proposed
concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 involving
the establishment of the joint venture CNAF Air BP General Aviation Fuel Company
Limited (“JV”) by BP Global Investments Limited (“BP GIL”) and CNAF Group
General Aviation Development Co., Ltd. (“CNAF GA”).
The business activities of the undertakings concerned are as follows:
BP GIL is a wholly owned subsidiary of BP plc. BP plc. is the parent company of a
global group of entities active in the (i) exploration, production and marketing of
crude oil and natural gas, (ii) refining, marketing, supply and transportation of
petroleum products, (iii) production and supply of petrochemicals and related
products and (iv) supply of alternative energy.
CNAF GA is a wholly owned subsidiary of China National Aviation Fuel Group
Limited (“CNAF”). CNAF is a Chinese state-owned aviation fuel supplier which
integrates the purchase, transportation, storage, quality management, sales and into-
plane service of aviation fuel. CNAF is active in China and overseas, operating a
sales network of aviation fuel and refined oil, and forming a complete logistics and
distribution system of oil products.
JV will be active in the supply of aviation fuel for general aviation purposes in
China.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.