Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-02-03-Speech-2-134"
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"en.20090203.16.2-134"2
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"Mr President-in-Office, at this point, I would like to express my opinion on the unbundling of production and transmission systems for gas in connection with the adopted legislation. The proposed certification procedure for third countries seems a reasonable solution. This is the very first time that the EU is giving its attention to energy security in the context of the gas market. In response to the gas crisis which we have experienced, it is also necessary to speed up the construction of alternative pipelines to Europe which are not dependent on Russia. The main infrastructure projects, such as the Nabucco gas pipeline, which is to link the Caspian region with Europe, cannot exist without large-scale vertically integrated undertakings and their investments. However, these are hardly going to come pouring in if the risk of unbundling, and hence a weakened economic position, is hanging over them. The solution that Parliament could use is to establish exemption from unbundling for the new infrastructure until such time as there is a return on investments. I do not know whether we have exhausted all the possibilities open to us in this legislation."@en1
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