EU ROUND UP – EU CONTINUES ATTEMPT TO WOO RUSSIA OVER ENERGY SUPPLIES
November 1st, 2007
BY KEITH NUTHALL
THE EUROPEAN Union (EU) is refusing to give up on Russia and its neighbours as stable energy partners for the future, despite the largely inconclusive summit between member states and Moscow last month (October) in Mafra, Portugal. It failed to make progress on the demands from the European Commission for reciprocal liberalisation in Russian energy markets, should the EU allow Russian companies - notably Gazprom - a free hand in member states gas sectors. However, the two sides agreed a new 'early-warning mechanism' funneling improved ...
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