EU Commission to Obtain All Data on Gazprom Commercial Contracts in Europe

© Sputnik / Alexey Kudenko / Go to the mediabankLaunch of second section of Nord Stream gas pipeline
Launch of second section of Nord Stream gas pipeline - Sputnik International
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The European Commission will be receiving all the information about commercial contracts, concluded by the Russian energy company Gazprom in Europe, including pricing, a Russian newspaper reported on Tuesday citing commission’s legislative drafts.

A worker does the preparation work for welding the first section of the South Stream pipeline in Anapa, Russia - Sputnik International
US Gas Exports to Secure Positions in Energy Market for… Russia?
MOSCOW (Sputnik) —  According to the Kommersant daily, the new legislation stipulates that all intergovernmental agreements on energy must be agreed with the commission prior to the signing, while all non-EU gas suppliers must inform the commission about the conditions of long-term contracts.

The two bills are expected to become points of reference for the potential EU energy union aimed at harmonizing energy systems of the bloc’s member nations and reducing their dependence on the Russian gas giant.

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