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EU’s New Energy Policy Opens Doors to Third World Countries’ Investors – Head of EU Representative Office

Oil&Gas Materials 21 September 2007 16:51 (UTC +04:00)

Kazakhstan, Astana / Trend corr K. Konyrova / The EU is pursuing a new energy policy that will open doors for investors from developing countries, enabling them to enter the EU internal energy market, the head of the EU representative office in Kazakhstan, Kyrgyzstan, and Tajikistan, Adrian Van der Meer, said.

"EU's new legislative initiatives are aimed at liberalization of its internal energy market," he said. New energy policy recently adopted in the EU opens doors to companies of the Third World. That means legislative amendments are intended to provide profitable conditions for development of rivalry. That is expected to cause a drop in prices and provide a reliable energy supply - something the EU consumer needs, Van der Meer said.

According to him, efficient rivalry in the energy market will be achieved owing to separation of two activity types - energy supply network management and energy production management. In other words, now one company will not be able to alone control energy networks and produce and transport energy resources simultaneously. Control over networks and production process should be separate.

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