Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-08-Speech-2-376"
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"en.20080708.35.2-376"2
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"The gas market has specific characteristics that needed to be taken into account. They relate to the very significant supply constraints, which make it necessary to guarantee long-term contracts with supplier countries, but also to the particularly high cost of investment in transmission and distribution networks, which must offer consumers the highest level of security. Consequently, the political challenge here is clearly to stimulate investment and innovation, to promote our knowledge and skills, and to ensure that our supplies are secure.
By focusing its proposal on ownership unbundling, the European Commission, in line with its obsession with competition, did not in any way respond to these challenges. Its text destabilised a specific strategic market: we are hugely dependent on foreign imports and companies with which we should be able to negotiate from a strong position, rather than a position weakened by prospects of industrial dismantling.
By adopting the amendment on effective and efficient separation of activities, as a possible alternative to full ownership unbundling, we should be able to achieve a more balanced and, above all, proportionate text. It is therefore important to support this position, which will reinforce the excellent work also done on investment, system access and system operation. In that way, security and competition will be able to sit side by side."@en1
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