The EU energy law implementation within the Serbin sustainable development policy

LLC “Gazprom export”, Saint Petersburg, Russia

^* Corresponding author: daniilchugunov@gmail.com

Abstract

The states implementing the European Union (“EU”) law in the spheres of energy and sustainable development within the frameworks of the Energy Community (“EC”) are faced with a crucial lack of time otherwise needed to harmonise their legislation. Issues surrounding the difficulties of interpreting the provisprovis of various directives, regulations and current implementation practice have proven to be notable barriers. Companies such as Serbian vertically integrated undertaking (“VIU”) Yugorosgas (“YRG”) and transmission system operator (“TSO”) YugorosgasTransport (“YRGT”) are obliged to make changes to local regulations and their organizational structure, from which they are encencencing great difficulties. There are often situations when companies, government agencies and institutions of international organizations hold very different attitudes and stances towards the application of a certain law. These legal deficiencies and inconsistencies in the positions of various parties can lead to disruptions in the activities of the largest energy companies engaged in gas supply and other important functions in the energy sector, as well as to significant economic expenses - Serbian (at least) national sustainable development becomes threatened. At the same time, we recoginize the importance of the law implementation.