Friday, February 25, 2011

Russia slams EU gas pipeline law





Source: Press TV
http://www.presstv.ir/detail/166917.html

Russian Prime Minister Vladimir Putin rejects a proposed EU amendment meant to stop the gas monopoly in Europe -- splitting the role of gas supplier and pipeline operator.

"We've been told that those who own the gas should not own the means of distribution. They argue that we must allow a third party to participate, then immediately the price will grow," a Press TV correspondent quoted Putin as saying in Brussels on Thursday.

"The mechanical implementation of this package will lead to an increase of the energy crisis," said Putin, adding that "after these pipes have been separated... they would need to increase the transportation price which will...lead to a greater price for gas."

He noted that the proposed laws discriminate against Russia, are politically motivated, and inacceptable with business.

“Our companies, together with German partners, legally acquired distribution assets,” Putin said, adding that “now they are being thrown out. What is this then? What is this robbery?”

European Commission President Jose Manuel Barroso insisted that Moscow was not singled out, emphasizing that the legislation applies equally across the board.

"We are very good clients in the European Union, so, I think it is in the interest of both Russia and the European Union to have a predictable approach to those issues," said Barroso.

Barroso added that "we're asking foreign companies to accept the same rules we're implementing," which includes big non-EU gas exporters such as Norway

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