Putin urges gas exporters to resist Third Energy package

Russian President Vladimir Putin urged traditional gas exporters to resist "unjustified pressure" from the Third Energy Package.

Putin recalled at a gas summit in Moscow "the discriminatory restrictions imposed by a number of consuming nations with respect to natural gas suppliers in recent years."

"I'm talking above all about changes in European Union energy regulation and law, the so-called Third Energy Package. The enactment of this gas directive seriously restricts the activity of traditional gas suppliers to the EU market," Putin said.

He said those suppliers had invested their own funds in the development of the European gas sector for decades.

"In these conditions the solidarity of the exporting nations is of key importance, and it would be more effective to resist unjustified pressure, and defend the interests of consumers and suppliers of gas to the external markets together. We want our interests to be taken into account fairly," he said.

Putin said that working out common positions among the states participating in the forum regarding the main issues of interaction with importing countries was also important in the context of the stronger competition among fuels in the world.

"The efficiency, the dependability, the environmental friendliness of gas are objective factors. But this does not mean we have to rest on our laurels, otherwise we would lose the competition with other forms of resources," he said.

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