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Unformatted text preview: Party Access. (This could give the Europeans
greater access to gas reserves in Central Asia [during 10
years of energy dialogue with Russia, the EU focused on
Third Party Access/unbundling, the reduction of many
agreements]). High oil prices, production increase and renationalisation of Russian energy industry have had major
consequences on relations between Russia and the EU;
By preventing third party buying of the transmission
system Gazprom Clause;
By breaking the relationship between oil and gas
By reducing the terms of the long-life take-or-pay
72 Available on: <europa.eu/scadplus/leg/en/s14001.htm>. 56
© Ifri F. Harbo / The European Gas and Oil Market By reducing European gas market prices through the
combination of a liberal internal market and competition from
outside, and at the same time increasing imports;
The EU has to decide about its role: will it be a liberal
or power politics instrument?
In order to reduce the risk of complex problems related to the
delivery of Norwegian gas to the EU market in the future, Norway wants
long-term contracts, which would secure delivery and eventual Norwegian
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This document was uploaded on 03/30/2014.
- Summer '14