Oct 2 (Reuters) - Australian Competition and Consumer Commission:
* Releases SOI on the proposed acquisition of EnergyAustralia
* Accc - EnergyAustralia is currently conducting a competitive bidding process for Iona
* Accc - Post acquisition, APA would own most of the options for customers of gas storage in Victoria
* Accc - is also examining whether APA's long term incentives to invest in the Victorian DTS (owned by APA) would be distorted if APA took ownership of Iona
* Accc - ACCC's preliminary view is that proposed acquisition may raise competition concerns in the supply of gas storage services to customers in Victoria
* Accc - Also identified potential concerns arising from combination of Iona and APA's large existing portfolio of gas storage and transmission infrastructure
* Accc - APA did not initially notify the ACCC of the proposed acquisition or seek ACCC approval
* Accc - ACCC's final decision will be deferred until 5 November 2015
* Source text for Eikon ID:nASX1CNb7g