The Council of Heads of Authorized Energy Bodies of the Eurasian Economic Union (EAEU) member states has approved a plan to develop the EAEU common gas market, the Eurasian Economic Commission’s (EEC) press service reported.
The document will now be submitted for approval by the Supreme Eurasian Economic Council.
The commission is also working on establishing common markets for oil and petroleum products.
Under the original plans, the common energy markets were supposed to become operational in the middle of this decade. However, this has not yet happened.