Russia will remain a reliable supplier and will not use gas supplies as a political tool

4 december 2015 | Rossiyskaya Gazeta

Germany proposes that the EU and Russia should sign a declaration on energy and investment security, thus 'meeting Russia halfway'. First of all, Russia and the European Union may come to an agreement on joint measures on the development of power systems, considers Alexander Kurdin, the expert of the Analytical Center.

Alexander Kurdin
Alexander Kurdin
Department for Fuel and Energy Sector

'It is difficult to imagine that parties can give any guarantees, but at least there will be understanding of where the EU goes, how it will develop its legislation. The EU, of course, has its energy strategy but it hardly touches upon relations with Russia, so we want it to be more specific,' Mr Kurdin commented on the situation to 'Rossiyskaya Gazeta.'

The Europeans say they plan to introduce a 'fourth energy package', and it is unclear whether the legislation will come into a conflict with some Russian projects in Europe, according to Mr Kurdin. There were such examples when the EU antimonopoly 'third energy package' was enacted, because of which the 'South Stream' project was ceased, notes the expert.

'Now it is unclear what happens to Russia's plans on the gas pipeline 'Nord Stream-2', it is an eternal story with Gazprom's problems around the full access to the gas pipeline OPAL, which receives gas from the 'Nord Stream'. Russia on its part might say that despite sanctions and retaliatory sanctions, it will remain a reliable supplier, and will not use gas supplies as a political tool,' said the expert.