EUROPEAN PARLIAMENT WAVERS ON GAS UNBUNDLING – BACKS COUNCIL COMPROMISE
July 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Parliament has declared it is ready to compromise over unbundling Europe's gas networks, backing a European Union (EU) Council of Ministers deal that would allow large gas utilities to continue owning transmission networks. In contrast to its tough position over electricity unbundling, where MEPs want full unbundling, the parliament has voted to accept "independent transmission operators", maybe owned by gas companies, running pipeline networks. However, MEPs have voted for a number of additional guarantees that these ...
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