NEW EU GAS LAW AIMS TO SOOTH WINTER-TIME SUPPLY FEARS
November 1st, 2010
BY ALAN OSBORN
WINTER always beings jitters to European utilities. Will Russia cut off gas to a neighbouring country because of a payment row? Until major new pipeline routes are in place, such as Nord Stream or Nabucco, this concern will continue. And future supply threats could always emerge.
It is with these concerns in mind that the European Union (EU) Council of Ministers and the European Parliament have agreed legislation aimed at ensuring security of gas supplies throughout Europe during emergencies. The regulation, was very much inspired by the ...
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