Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-11-Speech-3-145"
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"en.20091111.16.3-145"2
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"The renegotiation of the EU-Russia Partnership and Cooperation Agreement provides a good opportunity for both sides to review the issues which most clearly define their relations. In the wake of the events of the last few years, it is no coincidence that the agenda for the negotiations reflects the growing role of energy exchanges. Judging from the press, we can by no means be sure that this year we will escape the gas crisis, which is becoming a regular fixture. The EU Gas Supply Directive, which has not yet been adopted, will not be worth anything, unfortunately, if EU Member States once again wake up to shut-off taps. This is precisely why the EU must endeavour to make the basic principles of the Energy Charter, still to be ratified by Russia, an integral part of the new cooperation agreement. At present, both the issue of energy transit and market accessibility are fraught with contradictions. Indeed, as long as Russia, taking advantage of the market’s openness, is still involved as an investor in most EU Member States, it will consistently close off its own market to Western companies. The Energy Charter may resolve this contradiction. Recording market principles in writing may provide a good basis during the negotiation of future long-term gas supply contracts as well. If they fail to establish transparent relations, it will still be possible to play off Member States against one another in the future as they continue to pay different prices for gas supplies."@en1
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