Magazine 1/2008
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The importance of gas trading hubs for Slovakia
The establishment of a single European natural gas market has been the objective of the European Commission (EC) for a long time. This objective is embodied primarily in liberalisation efforts the last result of which was introduced in September 2007 in terms of the third liberalisation package proposal. The EC started making these efforts in the 1990’s when Europe began to perceive shortages within the existent…