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EU wants to discuss approaches to South Stream project with Russia
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Friday, 07 Dec 2012
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The Russia and European Union Permanent Council's meeting to be held in Nicosia on December 12th 2012 is expected to discuss the parties' common approaches to the construction of the South Stream gas pipeline.

Ms Gunther Oettinger European Energy Commissioner said that the meeting is well prepared and inspires the hope that an agreement will be negotiated with the Russian partners at the Russia and EU summit on December 20th 21st 2012 in Brussels and that the work will continue in 2013 based on common approaches. The EU welcomes the project.

Ms Oettinger said that but the EU countries asked the European Commission to highlight three provisions in the European law and guarantee compliance: environmental protection in line with European standards and the observance of the rules of the single internal market and state purchases.

Ms Oettinger's press secretary Mr Marlene Holzner again said that the European Commission cannot so far judge to what extent the South Stream gas pipeline project complies with the European energy legislation.

She said that the EU has not seen the project and does not know where it will begin and where it will end and that specifics of Russia's agreements with the countries interested in the project are not known either.

She added that the Third Energy Package rules will apply to the South Stream pipeline alongside all other energy projects in the European Union. This means the South Stream owners will have to guarantee independent companies' unrestricted access to it in compliance with the Third Energy Package standards.

Source - Interfax.com

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