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Third Energy Package upsets ‘balance of relations’ - Medvedev

Europe’s approval of the Third Energy Package will upset the current “balance of relations” between suppliers, transit states and consumers, Russia’s President Dmitry Medvedev said at the G20 Business Summit in Cannes, on Thursday.
By Staff reporter 3 November 2011 Europe & Russia / Supply & Demand 0 1692

Europe’s approval of the Third Energy Package will upset the current “balance of relations” between suppliers, transit states and consumers, Russia’s President Dmitry Medvedev said at the G20 Business Summit in Cannes, on Thursday.

“The fulfilment of earlier contracts is important for us. We also want to understand the decisions of our partners, including those in the European Union. You know the attitude of my state to the so-called Third Energy Package in the part of gas supplies: we think that this decision may upset the...