#33 - JRL 2008-69 - JRL Home
Russia Deplores 'New Dividing Lines' In Energy Trade
MOSCOW. April 3 (Interfax) - A Russian deputy foreign minister expressed
anxiety on Thursday over the alleged emergence of "new dividing lines" in
international energy trade.
"Recently, instead of closer interaction in the energy industry, we have been
witnessing the emergence of new dividing lines. Simultaneously, legislative
initiatives are coming to a head in the European Union and in some other
countries whose nature is giving rise to a whole series of questions. The key
points of those projects include principles of imperative separation of the
production or generation component from the transportation component (natural
gas transmission networks) and limiting investment by companies from third
countries in gas transmission networks," Alexander Yakovenko said in a speech at
a roundtable in Moscow.
"Alarmed is the only possible description of the reaction of major energy
operators to the new legislative initiatives, and this is quite understandable -
innovations of this kind may seriously change the picture of their business in
the European space. In our view, possible consequences of the use of initiatives
of this kind need to be carefully analyzed and compromises that would be
acceptable to everyone need to be looked for,"
Yakovenko said in his speech, whose text was posted on his ministry's
website.
"I would also like to point out that Russia cannot evade sharing the anxiety
of its partners over the steady growth of energy prices. For this reason, in our
dialogue with our Western partners, we plan to seek measures that would be able
to exercise a stabilizing effect on world prices," he told the roundtable,
entitled "Russian Fuel and Energy Complex: the Strategy of Integration with the
World Energy Space.
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