EU AND RUSSIA CONSIDER REPAIRING STRAINED ENERGY RELATIONS
October 1st, 2007
BY KEITH NUTHALL THE EUROPEAN Union (EU) and Russia: both sides have agreed to establish a committee to examine how a system of electricity and gas unbundling 'reciprocity' might work. This follows last month's proposals by the European Commission that EU gas producers should be separated from distributors; it also proposed that non-EU players buying EU energy interests must have similarly unbundled systems. The idea drew initial hostility from Moscow, as a ruse to clip Gazprom's wings in Europe. But now, EU energy Commissioner Andris Piebalgs and Russia energy ...
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