Russia is to file its second formal complaint against the EU with the World Trade Organization (WTO) over the EU's so-called 'Third Energy Package', reports EUobserver.
Under the Third Energy Package, if Gazprom wants to continue its presence on the EU market, it must be split in two companies – one that extracts gas and one that transports it. In addition, is the operating companies are controlled by non-EU entities, they must be certified to cover additional requirements.
Russia claims that its state-owned energy giant Gazprom is the only company with the right to export gas and that the EU rules should not be backdated to cover contracts signed before 2009.
"These and other elements of the Third Energy Package, in the opinion of Russia, contradict the obligations of the EU in WTO on basic principles of non-discrimination and market access," Maksim Medvedkov, a trade spokesman in Russia's Economic development ministry, told Russian news agencies.
The Third Energy Package affects another major Russian gas interest – the South Stream gas pipeline.
Under WTO procedures, EU and Russian trade officials will have 60 days to try and settle their differences before further legal action is taken. The next step would be for the WTO to set up an arbitration panel to review the case. Ultimately, the WTO has the power to impose either a change of policy or economic sanctions.
Anti-terrorist exercises launched in Krasnogvardeiskoe
Sanctions against RF for annexation of Crimea may increase
What threatens Sevastopol with new public vehicles on routes
Poroshenko reminds Putin about Ukrainian hostages
Kiev bridges across the Dnipro
Coach Myron Markevich came under fire in Maryinka
AGROPORT starts its work in Kharkiv
Family of human rights defender Emir Usein Kuku persecuted
Yesterday, RF violated Ukrainian airspace 40 times
"Crimean Word" - a source of truth in occupied Crimea
ISIL leaders are leaving Mosul
Another searches conducted in Bakhchysarai
Rested abroad - pay tax!
Ilmi Umerov was summoned to FSB for questioning
Cabinet plans to reduce price of medicines
Normandy four negotiations started in Berlin
Dynamo ceded Benfica
OIC unanimously adopts Turkish draft resolution on Crimea
UNESCO will reinforce monitoring of situation in Crimea
Muslims are sold "Halal" with pork in occupied Crimea
Parliament supports investigation into MH-17 crash in Donbas
Unusual Kiev monuments
Prime Minister of Estonia: Russia is at war in Europe
Central Asia: On the brink of a historic moment
Kiev activist car burned down