EU ROUND UP
July 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Union (EU) Council of Ministers has moved towards creating an effective cross-border gas market in the newly expanded EU, striking political agreement over a regulation on gas networks. It harmonises the conditions for accessing gas transmission infrastructure, specifying third party access, rules on capacity allocation, congestion management and the release of transmission information required for gas providers to use foreign systems. It should come into force in July 2006. Meanwhile, the council agreed guidelines for EU investment ...
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