News
01.04.2022
Temirbek Asanbekov: "It is important to speed up coordinating documents regulating common markets for gas, oil and petroleum products"
The 17th meeting of the Advisory Committee on oil and gas, chaired by Temirbek Asanbekov, Minister in charge of Energy and Infrastructure of the Eurasian Economic Commission, and attended by representatives of all Eurasian "five" countries, was concluded on March 31 in Moscow. It considered the main draft documents regulating the EAEU common markets for oil, gas and petroleum products, prepared by the EEC jointly with the Member States.
Opening the event, the EEC Minister addressed the Advisory Committee members with a proposal to speed up coordinating these draft documents due to the need to submit them to the Commission’s governing bodies for consideration within the prescribed time limits.
The issues of interstate oil transportation, determining the technical feasibility and priority pipeline access as well as disclosure of information on access conditions were considered.
Furthermore, the Advisory Committee members considered draft acts related to the gas sector, in particular, uniform rules for access to gas transportation services via gas transportation systems located in the EAEU States’ territories, as well as the procedure for conducting stock trading in gas as part of establishing the EAEU common gas market.
Along with that, the sides coordinated, for the most part, uniform rules for access to gas transportation systems located in the Member States’ territories, governing the relations between gas transportation system operators and consumers of gas transportation services in the Union’s common gas market.
During the negotiations, the meeting attendees managed to reach consensus on a number of unsettled provisions of the draft acts considered.
At the same time, a number of differences of principle remain, which were decided to submit to the EAEU States’ Ministers of Energy for consideration during the meeting pre-scheduled for April.
Opening the event, the EEC Minister addressed the Advisory Committee members with a proposal to speed up coordinating these draft documents due to the need to submit them to the Commission’s governing bodies for consideration within the prescribed time limits.
"Nowadays, our prime objective is to settle main issues of forming the Union’s common markets for gas, oil and petroleum products as well as finalizing relevant international treaties", Temirbek Asanbekov emphasized.The Advisory Committee members discussed unsettled provisions of the draft Agreement on establishing the EAEU common markets for oil and petroleum products, including, inter alia, uniform rules for access to the oil and petroleum product transportation services via systems located in the EAEU States’ territories.
The issues of interstate oil transportation, determining the technical feasibility and priority pipeline access as well as disclosure of information on access conditions were considered.
Furthermore, the Advisory Committee members considered draft acts related to the gas sector, in particular, uniform rules for access to gas transportation services via gas transportation systems located in the EAEU States’ territories, as well as the procedure for conducting stock trading in gas as part of establishing the EAEU common gas market.
Along with that, the sides coordinated, for the most part, uniform rules for access to gas transportation systems located in the Member States’ territories, governing the relations between gas transportation system operators and consumers of gas transportation services in the Union’s common gas market.
During the negotiations, the meeting attendees managed to reach consensus on a number of unsettled provisions of the draft acts considered.
At the same time, a number of differences of principle remain, which were decided to submit to the EAEU States’ Ministers of Energy for consideration during the meeting pre-scheduled for April.
