EUROPE DEBATES GAS LINE ACCESS

The European Commission faces a host of questions in its flirtation with the notion of third party access to natural gas pipelines. One question, however, should not bother it much: Has open access been successful in the U.S.? The U.S. experience with open access holds little relevance in Europe. Opponents to the idea, mainly pipelines defending their merchant functions, nevertheless have leaped upon it to make their case. They point to significant differences between market structures in

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