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Russia-EU energy talks to continue in Moscow

December 01, 2011, 5:43 UTC+3

The programme of this PPC will unite practical issues

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MOSCOW, December 1 (Itar-Tass) —— A meeting of the Russia-EU Permanent Partnership Council /PPC/ on energy is due in Moscow on December 1, Russia’s permanent representative at the EU Vladimir Chizhov said on Thursday.

“The programme of this PPC will unite practical issues. For example, we shall discuss the EU’s plans to finance the Trans-Caspian gas pipeline, the third energy packet, and contents of the energy section of the future agreement on the Russia-EU partnership and cooperation,” he said.

Chizhov stated earlier that the negotiations on the agreement for partnership and cooperation will enter the final stage after Russia’s accession to the World Trade Organisation (WTO), because this document “was initially developed proceeding from the prerequisite that our trade and economic relations will be regulated by the WTO rules for the period of the agreement validity.”

As for the third energy package, it compels the European countries to complete the division of production and transmission assets of energy concerns, which operate in the EU, next year. This measure may result in court deliberations over the scope of Russian projects in Europe and daughter companies of Russian energy enterprises.

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