Commission v. Gazprom: Will the Rule of Law and Open Markets Prevail?

November 8, 2013 - 15:00 - 17:00
Nador u. 9, Monument Building
Popper Room
Event type: 
Event audience: 
Alan Riley
CEU host unit(s): 
Department of Public Policy
Email contact form

The European Commission have announced that they are preparing to lay charges (in EU jargon a statement of objections) against the Russian gas company Gazprom. From the Commissions most recent statement the charges appear to be focused on questions regarding the suppression of competitors access to the gas market in Central and Eastern Europe and exploitative pricing. This is not the only problem that Gazprom is facing. European energy liberalization is moving apace. The third energy package is being rolled out across the continent making it easier for competitors to access national markets. This legal liberalization programme is underpinned by the physical interconnection of the European gas market via the European Energy Recovery Programme. Can the application of the rule of EU law and the opening of EU energy markets prevail over the corporate and state power of Gazprom?