Germany: EU bureaucracy hamstrings bloc's energy projects - Russian energy minister

Russian Energy Minister Alexander Novak stated that the European Union has been curtailed in its ability to implement successful energy projects due to bureaucratic inefficiency. Market mechanisms, he said, have been replaced by decisions of European Commission officials. Novak made the comments during his speech at the conference on energy security in Berlin, Monday. Novak also said that the crisis in EU-Russia energy relationships, caused by an unwillingness of the EU to maintain them, posed a threat to EU energy security. The conference “Europe and Eurasia: Towards the New Model of Energy Security” started in Berlin on April 13. The high-level conference is to address the future of EU-Russia energy relations in the context of the Ukraine crisis and future prospects for energy relations between the two sides.

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