OFT to hold public meeting today

The Scottish Fuels depot in Stornoway. SGD24452.
The Scottish Fuels depot in Stornoway. SGD24452.

The Office of Fair Trading will hold a meeting in Stornoway today (Tuesday 8th) as part of a consultation process which could draw a line under its year long investigation.

Last month the OFT revealed its intention to accept commitments offered by Certas Energy, which previously traded road fuel in the Western Isles under the name Scottish Fuels.

If accepted the OFT will not take a final decision on if competition law was infringed by the company as this would require further investigative steps according to the watch dog.

Instead Certas Energy would end long-term exclusive contractual ties with local filling stations, extend access to the Stornoway Fuel depot until 2017 and open up the Loch Carnan terminal to competitors for a period of five years.

The public meeting, which will be held tonight at 6pm at the Council Chamber, Stornoway, forms part of the OFT’s consultation process which will continue until April 17th.