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The paper contains suggestions to limit foreign companies taking over European energy firms (Photo: gazprom.ru)

Brussels to announce EU energy sector shake-up

Despite a lack of political appetite in several EU states, the European Commission is set to push ahead with the furthest-reaching reform of the bloc's energy sector yet.

Later today (19 September), EU energy commissioner Andris Piebalgs will introduce a long-awaited set of rules for the market in electricity and natural gas, including the highly-controversial idea that production and transmission channels need to be separated in energy companies.

According to Mr Piebalgs' paper...

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The paper contains suggestions to limit foreign companies taking over European energy firms (Photo: gazprom.ru)

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