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The Energy Regulation and Markets Review - Stikeman Elliott

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Russia<br />

b<br />

c<br />

an agreement between Russia <strong>and</strong> the European Union on cooperation in the<br />

implementation of infrastructure projects for the export of natural gas from<br />

Russia to the EU <strong>and</strong> joint work on electric power grids (March 2012); <strong>and</strong><br />

an agreement between Russia <strong>and</strong> the European Union on the parallel operation<br />

of the unified power grid of Russia <strong>and</strong> the power grids of Latvia, Lithuania <strong>and</strong><br />

Estonia (March 2012).<br />

According to its Constitution, Russia is a federated state, in which state-controlled<br />

facilities are run either by Russia (the federation), jointly by Russia <strong>and</strong> its constituent<br />

entities (regions), or by the constituent entities of Russia independently. 6<br />

Federal laws <strong>and</strong> other federal legal acts are adopted with respect to facilities run<br />

by the state or jointly. 7<br />

<strong>The</strong> country’s constituent entities exercise their own legal regulation, whereby<br />

their laws <strong>and</strong> other legal acts do not run counter to federal ones.<br />

<strong>The</strong> Constitution makes Russia responsible for establishment of federal policy<br />

<strong>and</strong> federal programmes for economic development, the legal foundations of the unified<br />

market, <strong>and</strong> the fundamentals of pricing policy, federal power grids, nuclear power <strong>and</strong><br />

security. 8 <strong>The</strong> main sources of national legal regulation of the energy sphere are the following<br />

federal laws: 9<br />

a Federal Law dated 26 March 2003 No. 35-FZ on Electric Power;<br />

Federal Law dated 26 March 2003 No. 36-FZ on the Specifics of the Functioning<br />

of the Electric Power Sector during the Transitional Period;<br />

b Federal Law dated 21 November 1995 No. 170-FZ on Use of Nuclear Power;<br />

c Federal Law dated 1 December 2007 No. 317-FZ on the State Corporation for<br />

Nuclear Power ‘Rosatom’;<br />

d Federal Law dated 31 March 1999 No. 69-FZ on Gas Supply in the Russian<br />

Federation;<br />

e Federal Law dated 18 July 2006 No. 35-FZ on Gas Exports;<br />

f Federal Law dated 20 June 1996 No. 81-FZ on State <strong>Regulation</strong> in the Sphere of<br />

Coal Mining <strong>and</strong> Use;<br />

g Federal Law dated 27 July 2010 No. 190-FZ on Heat Supply;<br />

h Federal Law dated 17 August 1995 No. 147-FZ on Natural Monopolies;<br />

i Federal Law dated 29 April 2008 No. 57-FZ on Foreign Investment in Companies<br />

of Strategic Importance for National Defence <strong>and</strong> Security;<br />

j Federal Law dated 23 November 2009 No. 261-FZ on <strong>Energy</strong> Saving <strong>and</strong> Raising<br />

<strong>Energy</strong> Efficiency;<br />

6 Articles 1 <strong>and</strong> 5 of the Constitution of the Russian Federation.<br />

7 Part 1, Article 76 of the Constitution of the Russian Federation.<br />

8 Article 71 of the Constitution of the Russian Federation.<br />

9 Hereafter, the mentioned federal laws <strong>and</strong> other legal acts are used in their latest versions,<br />

including all subsequent amendments (as of 1 May 2012).<br />

221

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