Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-05-16-Speech-2-326"

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"en.20060516.36.2-326"2
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". I followed President Putin's last address to the nation. He emphasised two issues that concern energy: first, he said that Gazprom has shown remarkable progress since he addressed the issue of energy efficiency. It is very important that Russia recognised that. He also said that Russia could play an important role in the creation of a common European energy policy. As regards the Gazprom announcement, I consider it one of the companies that have a monopoly. None of them would ever be willing to give their monopoly up. As regards diversification, we should accept that Russia will look for the most lucrative market. If the price is better in China, I am afraid it will try to sell the gas to China. The United States has higher prices and, with the development of LNG, competition between big consumers will grow. But, at the same time, I believe that the existing infrastructure that brings Russian gas to the European Union and highly diversified gas use in the European Union will make the European market very attractive to Gazprom and Russia in general. We are anticipating, as a result of dialogue, that Russia will follow in the gas sector the path currently being followed in the oil sector. That brings benefits to Russia and at the same time supplies the market well. I hope our dialogue will be able to bring about such a result. I know it is not easy but that is our goal. Geographically we are the best market and historically our companies have had very good relations. At the same time, I take very seriously the announcement by Gazprom that they would like to build a pipeline to China. That is no big surprise."@en1
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