Details are emerging of how the EU’s Third Energy Package will affect Russia’s Gazprom, following confirmation by Brussels that the gas major’s much-discussed South Stream project will have to give up 10% of its capacity to third parties under new rules drawn up by the European Commission.
A new package of unbundling rules has been formulated by the commission with a view to making long-term gas sales more transparent and allowing “all market players to compete on a level playing field while creating the framework for...
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