at the top of that south my colleague bill dull but up next prime minister putin's voice the idea of creating a unified european energy network and now i'll go to the wall finds out about the challenges involved in the ambitious project that's in spotlight that. will come to the. gunship experience with nobel prizes so people who go into the spotlight to be printed you are more expensive structures to get a microscopic make over and in tiny chip can take us a long way to think of nano comes into focus. on technology update here. we've done the future cover.

hello again and welcome to the spotlight the. party i am al green of and today my guest is alexander. russian prime minister vladimir putin came forward with the idea of creating a unified european energy network secure fast and easy delivery of natural gas from russia to european consumers and help avoid transit problems in this plan that the south and north trains the new pipelines developed by gazprom along with its european partners will be integrated into the system now what else will it take to fulfill this project joining me now is if you chairman of the gas problem management committee and director general of gas export alexander admits that.

russian prime minister vladimir putin has been criticizing europe's idea of implementing the so-called third energy package the europeans want to diversify energy market aimed at creating competitive conditions for oil and gas suppliers but putin says this will deter investors from pumping money into the new gas projects but some critics are saying guess prom state of affairs is far from ideal the monopolies biggest foreign shareholder the german consarn on he's planning to sell his gazprom shares worth point five billion dollars on the other hand more european countries are planning to join the russian gas exporters south stream project. mr village of welcome to the show thank you very much thank you very much for being with us welcome. the eve of his visit to germany and have promised to putin shared his views with. germany and their article which is called russia and

europe from learning the crisis lessons to a new agenda in partnership it reads i quote in a few years we will have worn interest share and a deficit of energy resources that means high prices for european consumers and quote what exactly makes russia and probably gazprom so unhappy about the new peon engine rooms this topic was a serious subject of a recent celebration meeting in brussels well instead of just looking worked at the new us history of russia european union by a look we concentrated i was thinking key issues and while it was a serious ones is introduction of the so the energy package should be an international which is spoiled for being called next year and there's a reason of our concern that if this package will be implemented splined it will

means or the interest of serious players to invest in infrastructure will be substantially deteriorated and if it will help and like it will be annoyed with cement to solve the lack of capacity as was in upstream in midstream and there's a result supply demand rules will play and customers will be heated by as a skyrocketing prices well here's an example of the third energy package applied the polish gas system once to give access to your model year apart like two third parties what how does it affect the interest of gazprom and what may be your reaction to that but in case of war and we're kolisch to find acceptable solution bourse for for us before. european commission because they've been part of a long last the negotiations respect of new

intergovernmental protocols as well as the corporate agreements and as a result of strictly defined the what does it the mean free complacency is a pipeline because currently and foreseeable future it will be no free cup basically in the pipeline because all the capacity is booked in order to give you a guess to paul and to jim when you get to france and we're not creating just two seats only there's a dog and two but of course. we are but can get an order to do you were contacted will you lose a customers and the magic question which is not on sort of the buy european commission how in the case a sub par to exodus will be implemented we will be in a position to execute our obligations annual oblique geisha and what they're able to geisha is daily ability because our customers has a very strong flexibility they could order in accordance with a confidential dorms

a certain war looms and when it's called the sale or their income or when they swarm they would include as above the capacity is this city for our customers and the last but not least the question who is this. so-called nucleus which could x. is a sort as a search party because. i believe as a computer is important but in order to compute you should have substance to compete with us and in our industry you should have a guest to compete eiser it's produced guess or contracted guess and still not clear of whom european commission see is a potential and the. existing confusion by plenty at the here russian energy dialogue held every year this week russian energy minister schmutz. describe the present state of relations between russia and even in the energy sector has

a lack of trust well is there a chance that this lack of trust maybe may be overcome next february when the e.u. summit on energy will be held. in spite of all. uneasy. events around the ration and i would like to inform recently during the meeting for misstating good president mr miller it was agreed that a special working groups will be created between gus braun and the european commission which will be duplicated two major topics one will be catered to infrastructure projects stream and already in february it will make a presentation to european commission it was all aspects of this project and our understanding of this presentation will be done in the presence of major customers with the ridges he also commented on such a ration situated to them and the second one which i hope will happen middle of

next year. base those workloads is second the working group is that you catered to the nature of the gas as a fuel of the twenty first century and this is a major topic for european commission because during this work we can group should prepare to work road map of corporation between russia. particular gust from the european commission in the. sphere ok i hope you're not going to bite me. but ed because i know you're sick and tired of this question but i will be keeping an ask asking ever never again if there are negotiations with the e.u. fail and the problems of which mr schmuck i was speaking this who will be deteriorating will gazprom give a green light to to the creation of a sort of a opec style cartel and gas will but also at all times a i don't know i was

out of. regime and things are getting the study in the current system with the possible utils existence of the system of long term contracts but if anybody in the europe is the means to destroy the existing system ways those example of the oil industry when the seven system of systems of big corporations have been replaced by a good spot market. then the situation will change because if it will be no obligation on the side of the consumers then the way to get it will be no obligation from us but i'm rather sure that nobody in the sound sense of of the mind will try to go with this we're ok so it wasn't. it wasn't a yes but it wasn't a never yeah so it's well maybe maybe not. for

creation of the system in which we will even the government. really benefit we don't need given the car to begin with because i was sharon's a guess that was is very substantial and actually we are not new for the liberal west markets that's pro was it pioneered on my good bit it is a shame in germany when in one thousand city workers created the joint venture when gus was part of the sort of. be a serf i believe and nobody you made us a gift nobody told us they can market share with heavily invested in pipeline system in underground stories and visit is old now with in german market fifteen percent of the wholesale. market in germany you. will also be region in underground storage supply and go across the most was a guess which you up i'm convinced the ground storage is in the u.k.

where were you close though a customer to see the retail sector i was joking was it nowhere in the position to feed as a gives of the pretty beautiful it was because most of what i was one history of. then we even had a couple of majors there and the british premier league mr medvedev speaking of the liberal marxist that you were mentioning a minute ago. norway and qatar are giving more flexible terms to today you can point to what can gas problem do to make russian gas more competitive are you ready to compromise on prices and what about the other as egypt has very often presented one of the easier forces because we know like it from inside. of a joint venture sort of a subsidy it is close to the cost those would would do know how the system works and it's acquired. exaggerations that now you could buy gas was a guaranteed supply on the spot the basis because a sport hops as

a group we could get enough you know the uninterrupted bull supply and phase of the . yesterday we spoke but i says up and see you see how the delicious which is going to close the loop to a long total quantity of prices and it's a deflection that supply and demand is that is that the system is working and the of that is low gas so that is a low dose but if they show for the gears and the market will react and obviously the war the economy slowed down in the europe and in the world it was more gas produced in certain projects but. it's no in the news to shine no additional cup this year will show up and didn't major fields ever he would and will but there from his window in live at the british so if investments in upstate and means that it will not go up and it's a bit in some didn't so dollar seventy year. it will be

a deficit says alexander the deputy chairman of the gas problem national committee and director general on the gas pump export spotlight we'll be back shortly after a break so stay with us. sweet and cleve. salty and fair use for. radioactive and dangerous. even deadly and desolate. they all keep their unique secrets their bottoms unique lakes on our team.

lead closer. to the times. where rich academic. gives birth to an innovative idea. no argy goes to the area which together with boosting industrial development. offers to make a journey into russia's history. and to enjoy a person vivid cultural life. welcome to the pair and region in russia close up on our team. welcome back to spotlight i'm al going off in just a reminder that my guest in the studio today is that xander to me that is the deputy chairman of the gazprom management committee and director general of gas from exports to differ there are attempts by some consumers like italy's edison

spa to review their take or pay contracts with gazprom i know you are very proud of these concerts we've been talking about it and our previous interview and this studio well is gas problem ready to compromise with dennison is there is there any risk that that more european consumers may follow its example let's first of all every. side of the plant that actually delicious has a certain certain right and obligation and the other was a basic advice from both sides is to call the price revision. on where you go little basis normally it's one in city years or in five years and it's not just right but you should proof that something serious happened in order to call for the price of each and in the history you ask to increase the prize because there was to prove that you could use a price and it was always normal laudable come initial negotiations prices heated

seriously western economy x. and inspired the fed as a rational guess was is and will stay competitive so the question of competitors of our customers arise and actually in the least those discuss them with all series of subsidies and jurd vicious as a low but if and so they're also coming to us asking. was going call in the market that is a possible to accommodate the changes and were doing as is come additional for example we will introduce that sort of warning was treated differently. companies really was a long term basic contract so we're saving sort of the warriors on the spot in dixon indexation but simulate pena's reads different flexibility in this context and as a result the changes are more not so that i waited because presenting the all in the press but the basic rule obligation of the customer buys it takes a guess or two plays

a guess should not be cheated because then it will mean that there will be a new brave world with unpredictable consequences true is this the per share from the european union gas permits diversifying its supply lines in mainly to china but as far as i understand you haven't yet reached an agreement on prices with the chinese partners everybody is waiting when when it where is that going to happen when are you going to agree on the price so popular well the road maps are becoming old maya. changes colleagues from c n p c major gears of the oil company of china and in the car those was this road map of commercial culture should be signed the middle of next year and. we can work. with the british in that with a way though to substantially schuman some of our commercial negotiation because we could. sign the basic expended basic terms and conditions

it was not easy because in spite of the older people believe that the ratio gets as easy product it's not so simple and conditions of delivering gas. should be defined i'm a new partner with dozens of but i'm interested in every corner of the fuchs and now it surely is only open each. certain parameters of the price for a price for the employees which was also not these two when you go share it but no it should be only a couple of but remit. it should be defined that is and this is jim could work and will start construction of the pipeline to be connected with the chinese spy plane system in order to expand your present thin air on the asian market in the east asian market gazprom is planning to boost the saleen three four and five projects and we know that well that shell is rated participate in the south wind project can you name other companies are there other foreign partners that are ready to to

invest into these projects. the right card in the reserves is a very attractive reserves and the world you work in very actively in the key inskeep local sahal in the city project the results of any promise and. we in the frame of our agreements with foreign part of those if we decide to invite foreign partners and colleagues in cycling to meet so in bits and pieces they have so. i am sure that i had to join subject to the competitiveness of the proposal and . where in preparation will know of whom are under which shell we sure will cover a long. broad area of cooperation between the shell and gus from not only russia but also outside russia because of the principle didn't change we were happy and open to invite foreign partners

to develop our state it is all about subject that in exchange will get access to the shore schools projects. and what is a world and i do hope and we do know that shell has good as it so which could be of interest for us and therefore will find a solution which will be acceptable for us and i was for them then this cooperation could have spread and could include those computers and incidents. i know. that you were interested i mean you personally were interested in the in the. find natural gas projects but i read that that gazprom has has put aside the development of the arctic fields of stockmen and the bovine cover field which will delay the liquefied projects why did it happen nothing mystical behind there were awakened from the

market the market doesn't that it was a war looms there is no need to in the west today and just performed the introduction of a boy and co for one the year. respect or stock when we are still targets and take for the investment decisions on pipeline gas and on all injury in next year so just two days ago it was a board of directors social development. and we talk all the decision jointly with fringe in the region part though so. we are as a sure stock will know we will give us a splint in two souls and six to the first of injury in two thousand and seventeen the full take fine of us will decisions in due time ok i have a couple of quotes that may may sound pretty worrying for consumers well demand. for the fuel remains pretty low in europe but in the middle of this year you

suggested that the european demand would return to the pre-crisis level no later that by the end of two thousand and thirteen that was couple months ago now in the ember last month you were already expecting the recovery of the pair market by two thousand and fourteen or at least two thousand and fifteen so you are reviewing your expectations why and should. consumers to be precise i was basing that on both the growth of the among. the well as between supply and. will be restored and it's a little bit different questions and we'll read you see is a demand from a show gets in the europe on a british is growing but not everywhere in such countries like germany france the demand is already distorted was a particular us says level but such a cunt that is of. europe like eat the like bulgaria greece is really.

the demand is far away from the previous ones of successful pre-crisis years and. it influences take warden's on that of a quantity and also the new. supplies which were diverted from the united states to europe and created certain disabilities but you knew it was inevitable decline of production in the euro which is surely going it was a failure rate at the rate. i gave to sponsor the balance will be restored to a just two cells of fortune or fifty and above the amount is over in the restoring closer quickly. we have reports that that group dance is one of the biggest challenges for a shot is raised to sell its three and a half percent of your shares and the be the kind of bank is said to be the

probable buyer but the finance minister couldn't is quoted to say that v e b didn't consider this issue at all so can you confirm that the germans are ready to sell and if so who would you like to see as a potential buyer but every a shareholder has a right there's no tell you to buy but also to sell and if it will analyze the economics of potential sell it will give a fortune to the e.u. on the older guys because they bought a billion. expenses from a far far below and their decision to my mind is a reflection of the economy the difficulties we should be whether aggressive face and long will you change and probably it's a reflection also somewhere was a mistake they weighed but with no quite the sort of the. we will have a new new shareholders you on the regrets was the biggest foreign show hold about

the approximately twenty percent of our shares scions offense of different investment company is what i would show holders and it is a more diversified investment basis a bit for the company and but the liquidity. interest to the sheriffs above so all the time will show whether this is in the field of gus was good for them or not and so you do you do confirm that there are a just sell but you don't have anybody who we you would prefer to borrow i mean you don't you don't really care actually what the west western was it was a solid base will come with will be good for us thank you thank you very much mr medvedev and just to remind you that my guest in the studio was alexander in that very of who is the deputy chairman of gas pramanik shipment committee and director general of gas prom back sports and that's it for now from all of us here if you

want to have your say on spotlight we have someone in mind you think i could interview next time to drop me a line at al gore in up at r.t. t.v. dot are you and let's keep spotlight interactive movie back with more faith and comment on what's going on and and outside russia until then stay and party and take care. of.

iran press is the only switch bushehr powering up the country's first nuclear energy plant. iran's nuclear cheesed as the new russian builds the attitude has been loaded up with feel more doing that they know that about later in the program . but the people should no longer be in switzerland because they don't deserve to be. immigration nation switzerland set to vote on whether foreigners who commit serious crimes should be kicked out of the country. and georgia is teetering on the edge of bankruptcy as its foreign debt spirals out of control with money being wasted on the president's vanity projects. around the clock around the world this is r t in moscow good to have you with us.