Middle East Economic Survey

VOL. LIV

No 23

6-Jun-2011

CASPIAN

South Stream Questions Third Party Access Obligation

South Stream gas pipeline consortium CEO Marcel Kramer told the 2nd Mediterranean Oil and Gas Conference in Athens on 31 May that the European Commissions Third Energy Package of legislation, which imposes stricter third party access exemption (TPA-E) regulations on all intra-EU gas interconnectors, could become counterproductive in supporting the investments needed to develop...