Russia Challenges EU Energy Market Rules

wochit business
May 01, 2014 AT 6:00 AM
The World Trade Organization said Thursday that Russia has filed a complaint against the European Union's energy market laws, claiming they violate international rules. Among the stakes in the challenge to EU policy are how much control Russia's state-controlled gas company, Gazprom, will be able to exert over European pipelines-- and the degree to which Europe can diversify its supply lines. European officials have warned Gazprom it would have to allow third-party gas producers to use the South Stream pipeline to comply with its new regulations. The WTO said Russia is arguing that the EU regulations are "inconsistent" with international trade rules on subsidies, services and other measures.