New rules could challenge Russia’s dominance in Europe’s changing energy market

Russia’s President Vladimir Putin sought political support (photo:dpa)
Russia’s President Vladimir Putin sought political support (photo:dpa)

The fifth part of the GIS series on the strategic implications of the selection of the Trans-Adriatic Pipeline for the final route of the European Union’s Southern Gas Corridor analyses the rapidly changing European gas market and focusses on the regulatory and legal challenges this presents to Russian energy giant Gazprom and to Russia’s dominant position.

<i>The European Union has increased its liberalisation strategies for the gas market with an anti-monopoly Third Energy Package and unbundling rules. These are aimed at strengthening the EU’s energy supply security, its international competitiveness and preventing Gazprom from maintaining or expanding its dominant position in...

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