Russia has responded to the proposals from the European Commission concerning the need to revise Russia's intergovernmental agreements on the South Stream gas pipeline, which form the legal basis for the pipeline construction project, Deputy Energy Minister Anatoly Yanovsky told journalists.

The response was sent earlier this week, Yanovsky said, adding that the Russian side now awaits a meeting with EU officials.

European Energy Commissioner Gunther Oettinger on December 3 suggested that the countries involved in South Stream revise the agreements they had signed with Russia in such a way as they might comply with the Third Energy Package that exists in Europe.

In response, Russian Prime Minister Dmitry Medvedev said that in terms of international law, the intergovernmental agreements between Russia and a number of EU countries that participate in the construction of South Stream supersede the EU's laws contained in the Third Energy Package.

Medvedev said that Russia is ready for talks, however. "Various possibilities exist here so that EU interests and relevant decisions are implemented and at the same time, the projects that we are promoting are fulfilled."

Russia proposes EU resolve South Stream issues based on existing international law

Russia proposes that the European Union resolve legal issues concerning operation of the South Stream gas pipeline on the basis of existing international law, Energy Minister Anatoly Yanovsky told journalists. Read more>>>

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