EU ROUND UP – EU AND RUSSIA CONSIDER REPAIRING STRAINED ENERGY RELATIONS
October 1st, 2007
BY KEITH NUTHALL
A CHINK of light has emerged in the perennially taut energy relations between the European Union (EU) and Russia: both sides have agreed to establish a committee to examine how a system of 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 gas systems.
The idea drew initial hostility from Moscow, which said the idea was designed to clip ...
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