- Sputnik International
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Russian MP for new gas alliance, to control 50% of world reserves

Subscribe
A natural gas alliance involving some former Soviet republics and Iran should be created, the president of Russia's Gas Society, said Monday.
MOSCOW, October 30 (RIA Novosti) - A natural gas alliance involving some former Soviet republics and Iran should be created, the president of Russia's Gas Society, said Monday.

Valery Yazev also criticized European Union's attempts to dictate gas supply rules through the proposed Energy Charter.

"A gas alliance must be established, comprising Turkmenistan, Kazakhstan, Uzbekistan, Russia, Ukraine, Belarus," Yazev, who chairs the energy, transport and communications committee of the lower house of Russia's parliament, said.

"If problems surrounding Iran's nuclear program are removed, I would like to see Iran in this alliance too," he added.

The lawmaker said such an alliance would hold 50% of global gas reserves. Yazev said Russia should be at the center of such an alliance, as it controls a third of the world's gas reserves and possesses the largest gas pipeline system, uniting east and west.

"In the EU we have a very clearly established cartel of Russian gas consumers that is trying to force us to ratify the agreement on the Energy Charter, which does not meet Russia's interests," Yazev said.

The original European Energy Charter was signed in The Hague on December 17, 1991, and included a declaration of principles for international energy, including trade, transit and investment, together with the intention to negotiate a binding treaty.

Russia has refused to ratify it because Europe has demanded access to Russian pipelines for Central Asian states and other countries, which Moscow says will make their natural gas 50% cheaper than Russia's when it arrives in Europe.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала