meantime russia's prime minister person has voiced the idea of creating a unified european energy network when i'll get all find out what the challenges are of this ambitious project that's in spotlight next. to the. gunship experiments with nobel prizes so people who are. printing. massive 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 on a look we've done the future.

hello again and welcome to the spotlight. on party i'm al gore now then today my guest is alexander. russian prime minister vladimir putin came forward with the idea of creating a unified european energy network it must 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 that to be 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 the 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 monopoly's biggest foreign shareholder the german consarn on is planning to sell its gazprom shares worth five billion dollars on the other hand more european countries are planning to join the russian gas exporters south stream project. hello mr milledge 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 ad 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 to share and a deficit of energy resources that means high prices for european consumers and quit what exactly makes russia and probably gazprom so unhappy about the new nepean engine rooms this topic was a serious subject of a recent celebration meeting in brussels well instead of just looking worked was at their leaders history of russia european union their look we concentrated i was thinking key issues and while it was a serious ones is introduction as a sub in asia becky 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 of the interest of serious players to invest in infrastructure will be substantially deteriorated and if it will happen. it will be an oil worst month for those of the lack of capacity this 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 applying 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 gas prom 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 and for you. european commission because they've been part of a long lost the negotiations respect of new

intergovernmental protocols as well as the corporate winds and as a result of strictly defined what does that they mean free complacency is a pipeline because currently it and foreseeable future it will be no freak up basically in the pipeline because all the capacity is booked in order to do it against the wall and to germany to france and well look at agent just to see it only it is a dog and the barker around we are but can get an order to do you want or are contracted will you it was a custom once and is a major question which is not on sort of the european commission how in the case the sub party x.'s will be implemented we will be in a position to execute our obligations annual a big squad at their level or geishas daily ability because our customers has a very strong flexibility is a quid order in accordance with a confidential dorms the sort of war you send when it's called the they or their

income or when they swarm there that influenced by the complicity 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 sort party because. i believe it can be jewish and that is important but you know to compete you should have substance to compete with us and in our industry you should have a guest to compete eyes or its producer guess or contracted yes and still not clear of whom european commission see as a potential and the. existing confusion pipeline system 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 as a lack of trust well is there a chance that this lack of trust may be may be overcome next february when the e.u.

summit on energy will be held. in spite of all. uneasy. events around your issue and i would like to inform recently during the meeting for me state and get a president mr miller it was agreed that the special working groups will be created between gus braun and the european commission which will be dictated to major topics one will be catered to infrastructure projects. and already in february it will make a presentation to european commission it was all aspects of this project and understanding that this presentation will be done in the presence of a major customers as a ridges he also commented on such a ration ciliated to them and the second one which i hope will happen middle of next year. base those who work owes you second working group is that you catered to

the nation organises a few of the twenty first century and this is a major topic for european commission because during this work working group should prepare to work road map of cooperation between russia. particular gust from the european commission in the. sphere ok i hope you're not going to bite me back but i said because i know you're sick and tired of this question but i will be keeping an ask asking ever never again if their negotiations with the e.u. fail and the problems of which mr smart guy was speaking this who will be deterred rerating will gasp from 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'm

sorry. regime and the gas industry is a currency system with the possible due to the existence of the system of long contracts but if anybody in the europe is the means to destroy the existing system to waste those examples the oil industry runs a seven system system of big corporations have been replaced by as we could spot market. in the situation will change because if it will be normal again shown on the side those are consumers then the way to get it will be no obligation for most 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 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 sharing the gossip places very substantial and surely we are not new for the only bit of west markets us pro was a pioneer might get to be better is ation in germany and 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 we heavily invested in pipeline system in underground storage is a visit is all over in german market fifteen percent of the wholesale. market in german you. will also be raging with underground storage supply and go across the most was a guess which you are the ground storage is in the u.k. we were very close to a customer to see the retail sector i was joking with

a nowhere in the position to feed as a gives of the pretty beautiful lake that it was because most of what i was a study of shells and 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 european partners what can gas probably 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 or one of the reasons for this because we know like it from inside. of a joint venture sort of a subsidy it is close those across those would would do know how the system works and it's acquired. exaggerations and now you could buy gas was a guaranteed supply on the spot the basis because a sport hops look really cute enough you know the uninterrupted bull supply and

phase of the. yesterday we spoke but i says up and see you see how the dollars which is good are close to the hour long total quantity of prices and that's the deflections that supply and demand is the is of the system is working and the of that is a little 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 and it was more good gas produced in certain projects but. it's no in the news to show no additional compassed you will show up and didn't major fields ever he wouldn't as a will but there from his window in the in live at the british so if investments in upstate and means that it will not go up and it's a bt and some didn't so dollar seventy and. it will be a difference it says alexander the deputy chairman of the gas problem management

committee and director general on the gas pump export spotlight will be back shortly after a breakdown stay with us. sweet and cleve. salty and beer useful. radioactive and dangerous. even deadly and desolate. they all keep their unique secrets their bottoms unique lakes on our team.

welcome back to spotlight i'm alvin of in just a reminder that my guest in the studio today is that xander to me that is the deputy chairman of the gas pramanik committee and director general of gas from exports most of it if there are attempts by some consumers like italy's edison spa to reveal that 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 probably ready to compromise with dennison is there is there any risk that that more european consumers may follow and it's an example well first of all every. side of the country actually delicious certain certain rights and obligations and the other was a basic arise from both sides is to call the price revision. on the regular basis normally it's one in city as far 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 evasion and in the history you ask to increase the prize across the world to two you could use a price and it was always normal lot of will come initial negotiations prices heated seriously western economy x. inspired the fed as a rational guess was is and will stay competitive so the question of competitors of

our crust. most arise and actually in the least those discuss them with all cs of a subsidiary is injured vicious as they have no preference and they're also comment . was going call in the market that is it possible to accommodate the changes and you are doing is come addition for example we will introduce a certain warning was treated differently when companies really was a long term basic contract so we have savings for the warriors on the sport index indexation but simulate pena's reads different flexibility in this context and as a result of the changes a load of so that i waited because presenting the all in the press but the basic rule obligation plus the model eyes at the takes a guess or two plays a guess should not be cheated because then it will mean that it will be new brave world with unpredictable consequences true or is this the per share from the

european union gas promise diversifying its supply lines in mainly to china but as far as i understand you haven't hit reached an agreement on prices with the chinese partners everybody is waiting when when it where is that going to happen when they don't agree on the price supports you are aware of the road maps of the road map is of a chinese colleagues from c. and p. c. major. of the oil company of china and in that what those with this road map commercial called it should be signed the middle of next year and. looking back. with the positions that were from way go to substantially schumann's of a commercial negotiation because we have. signed the basic expanded basic terms and conditions it was not easy because in spite of the older people believe that the ratio gas is easy product it's not so simple and conditions of

delivery. yes. should be defined in many pattern with dozens of but i'm interested in their way to conduct their fix and now it surely is only open each shoe is. certain parameters of the prize for the prize for the employees which was also not these two when you go share it but no it should be only a couple of parameters should be defined that is and this is jim called work and will start construction of the pipeline to be connected to his or changes by one system in order to expand your presence in a 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. right in the reserves is a very attractive reserves and the world to do it very aggressively in key inskeep

local sahal in the city project the first results are very promise and. we in the frame of our agreements with fourteen 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 shall we sure will cover a long. but over the area of corporation b. three in the show and guys from not only in russia but also outside russia because our principle didn't change and we were happy and open to invite foreign partners to develop our state it is all about subjects that in exchange will get access to the shore schools projects. what it was

a world and i do hope and we do know is that shell has said 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 corp could have spared and could include those computers an incident just because you 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 and if 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 in co for one of the your. respect or stock when we are still targeting to take final 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 e.g. . we talk all the decision jointly with french in the region part though so. we are as assured such talk will move we will give us a splint in two souls and six to the shift of injury in to solve and seventeen if we will take final whistle 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.

november last month you were already expecting the recovery of the year but bear market by two thousand and fourteen or at least two thousand and fifteen so you are reviewing your expectations why and should. consumers about to be precise i was mentioning that about the growth of the month but the well as between supply and demand. 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 very she's growing but not everywhere in such countries like germany france the demand is already restored it was a pretty close since level but there's such a cunt that is of. europe like they really like bulgaria greece very little. the demand is far away from the previous ones of successful pre-crisis years and.

the influences of take war looms on that of a quantity and also the new. supplies which will give you orders 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 bells will distort the latest two cells of fortune or fifty and above the do you want is a very dear restoring closer quickly. we have reports that that group dance is one of the biggest shareholders of gazprom for unshod israel 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 he didn't consider this issue at all so can you confirm that the germans are really

just sell and if so who would you like to see as a potential buyer whatever shareholder has a right there's no told you to buy but also. if will analyze the economics of potential sales it will give a fortune to to you on that altogether because they bought a billion. expenses from a far far below. their decision to my mind is a reflection of the economic difficulties we should he were the aggressors face and . you long will you change and probably it's a reflection also somewhere was a mistake say for wait but with the sort of the. we will have a new. you on the regards was the biggest foreign show hold about the way it works and with the twenty percent of our show signs of fans of different investment company a spot i would share holders and it is

a more diversified investment base as a bet for the company and but the liquidity. interest to the sheriff about that so. the time will show whether the decision will feel that augusta was good for them or not and so so you do you do confirm that they're ready to sell but you don't have anybody who we you would prefer to prefer to borrow yeah i mean you don't you don't really care actually what the. investor was it was a solid base will come it 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 made very of who is the deputy chairman of gas pramanik shipment committee and director general of gas prom passports 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 you drop 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 face time

comments on what's going on and and outside russia until then stay and r.t. and take care. of.

for six months russian capital was in a state of siege. days and nights people lived in fear of occupation and were preparing for the desperate defense. took a heavy toll. on me switched to the offensive but was the first sunni or defeat of the. battle for moscow.

iran crosses the switch for its first ever nuclear energy plants built by russia in bushehr but the people should no longer be. because they don't deserve to be sorts of immigration nation switzerland set to vote on whether foreigners who commit serious crimes should be kicked out of the country. and george 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 in moscow so after years of waiting iran has switched on its first nuclear power plant the country's atomic chief says the russian built bullshit reacts.