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Russia » Economics

Europe takes effort to dismember Russia’s Gazprom

20.09.2007
 
Pages: 12

According to Mr. Polyakov, the price growth on energy sources will become a logic outcome of the EC’s requirement to split the assets of European energy corporations. “Russia needs to take a more active effort to clarify the competitive advantages of its infrastructural presence on the market. The most important of these advantages include stable prices and reliable shipments,” Polyakov said.

Analysts also say that the plans of the European Commission to liberalize energy markets have already raised concerns with old-time members of the European Union – Germany and France. Energy giants Electricite de France and E.ON, which operate in the two countries, may suffer damage as a result of the imminent “market” reform. The EC’s plans, which will be very hard to implement, will lead to the hidden redistribution of energy assets on Europe’s energy market and eventually initiate a series of legal disputes between its members.

Thus, as Laure Delcour points it out herself, the protectionist measures of the European Commission are based on certain economic and political reasons rather than on a wish to follow a way of democratic development and worry about rights and freedoms. “The measures are dictated by discrepancies with Russia and different approaches of the two sides to energy. The European Commission is trying to take control of the energy sector to protect the market under competitive conditions,” the French expert acknowledged.

“It goes about a certain uneasiness of the European Union. The suppliers of energy resources are very powerful countries financially. They will be able to buy up sales and distribution networks in an instant. The planned protective measure is a matter of state protectionism which contradicts to the liberal spirit of the European Union,” the president of the Russian Union of Industrialists and Entrepreneurs, Alexander Shokhin said. The EC-led transformation of the European Union into the energy corsair of Europe does not bring any good to either European consumers or European companies. It only creates a negative image for the EU.

Alexander Radugin
BigNess.ru

Translated by Dmitry Sudakov
Pravda.ru

Pages: 12
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