The US Senate voted nearly unanimously on Thursday (15 June) for legislation to impose new sanctions on Russia and force President Donald Trump to get Congress' approval before easing any existing sanctions on Russia.
The European Commission hopes to bring together the friends and the foes of the Nord Stream 2 gas pipeline project around a mandate which would guarantee that Ukraine would remain a transit country for Russian gas to the EU.
The Commission asked the member states on Friday (9 June) for a mandate to negotiate with Russia an agreement on the Nord Stream 2 gas pipeline project. It is very likely to obtain permission, despite several Central European countries strongly oppose it.
The European Commission's numerous anti-trust cases over the years have had a significant impact on the functioning of the market affected by the practices in question. In Gazprom’s case, the outcome may be different – there is a danger that it will result in no effect at all.
Gazprom’s actions to address its pricing and market segmentation issues in Central and Eastern Europe do not go far enough. PGNiG here proposes measures the Commission could take to restore fair competition, permanently.
Gazprom commitments will not provide any change to its anti-competitive practices in Central and Eastern European countries. PGNiG here presents possible remedies to address excessive pricing applied by the Russian energy giant in some CEE countries.
Ukraine's Naftogaz said yesterday (31 May) an arbitration court in Stockholm had ruled in its favour in a dispute with Gazprom over take-or-pay gas contracts, although the Russian firm said the ruling was an interim stage in the court process.
European Commission and national antitrust authority inspections six years ago resulted in antitrust proceedings against Gazprom, which was accused of abusing its dominant position. Gazprom offered to settle the case but many argue that settlement will do little to change the Russian energy giant's behaviour.
The history of the relations between Gazprom and the Polish Oil and Gas Company (PGNiG) clearly shows that without severe penalty for Gazprom, gas markets in Poland and other CEE countries will not enjoy real competition.
Russia is in negotiations with Greece and Bulgaria regarding the entry point on EU territory of the Turkish Stream gas pipeline, Russian Prime Minister Dmitry Medvedev is quoted as saying by the Russian press.
State-run Polish oil and gas company PGNiG urged the European Commission today (18 May) to take a tough stance in its antitrust investigation into Gazprom, saying the Russian company should have to pay a fine and sell assets.
Bulgaria’s Boyko Borissov is bound to be Prime Minister for a third time. In recent months he has confessed to following the advice of astrologers, who advised him not to unveil the new government before 4 May.
The European Union has offered to negotiate with Russia on behalf of its member states about the Nord Stream 2 gas pipeline, which aims to bring Russian gas to Germany under the Baltic Sea, Danish newspaper Politiken reported yesterday (29 March).
The Third Energy Package does not apply to Nord Stream 2, as it doesn’t apply to any of the existing or future import pipelines into the EU internal market, and the European Commission accepts that, Sebastian Sass told EURACTIV.com in an exclusive interview.
The European Commission’s efforts to integrate the EU internal market and diversify the gas supply away from a single supplier along the Central European model have started to pay off. Yet, risks lie ahead, write Martin Vladimirov and Sijbren de Jong.
In a wide-ranging interview, Vladimir Chizhov, the Russian ambassador to the EU, spoke to EURACTIV.com about energy relations, sanctions and eastern Ukraine, multi-speed Europe, elections, referendums, covert action, and Donald Trump.
As the European Commission announced a settlement with Gazprom on Monday (13 March), officials told EURACTIV.com it was "highly likely" that the executive will approve the controversial Nord Stream 2 pipeline project.
The Commission published Gazprom's commitments on Monday (13 March) to end a five-year antitrust case and avoid fines heavy fines. As part of the package, Gazprom agreed not to seek any damages from its Bulgarian partners following the termination of South Stream.
Ukrainian state energy company Naftogaz is seeking to join Polish gas firm PGNiG in a court case challenging the European Union's decision to give Russia's Gazprom more access to the Opal gas pipeline in Germany.
Gazprom's bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy policy and slow plans to develop rival deposits in the eastern Mediterranean.