Third Energy Package: Beneficial for Whom? : Voice of Russia

0That is why Russia defends the reconsideration of a number of clauses this document contains. Its adoption means that the European Commission is seeking to establish control over the European market of hydrocarbons and to force Gazprom to pass from the contract system of gas supplies to spot prices, Russian experts say. Meanwhile, Russia accounts for one-third of oil and gas consumed by Europe, Director of the Institute of Oil and Gas problems of the Russian Academy of Sciences Anatoly Dmitriyevsky says.

0"Europe has adopted the Third Energy Package, and now the nuances are being fiercely discussed. However, of importance here is the fact that we are not the owners of the pipe that runs across the territories of European countries. The first time such a situation emerged was in Poland. ?At that time they said that Gazprom? can?t act as a gas pumping operator? on Poland?s territory since it was not Russia?s territory But where are the guarantees? that the new operator will use? the gas pipeline effectively to ensure? the return of investments to Russia."

0Russia is concerned over the fact that the European Union has actually expropriated Gazprom?s ?pipe? on the territory from the EU border and on ?domestic? lines, Deputy Chairman of the State Duma Committee on Energy Yuri Lipatov? says.

0"The EU leadership is currently sending strange signals which makes one think that the European Union is backtracking on the democratic values it was based on when it emerged. In fact, gas supplies are being limited. ?At the same time, we know that the Nord Stream gas pipeline is working and that the construction of the South Stream gas pipeline is still on the agenda. What will occur to the European Union regarding the consumption of fuels? Of course, the consumption will grow. The only question is who will provide them."

0Today the European market is oversaturated, and the demand is growing slowly there. And still, for the time being, it remains the main market for the Russian exporting companies.

Source: http://english.ruvr.ru/2013_03_25/Third-Energy-Package-Beneficial-for-Whom-333/

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