Welcome Guest [Log In] [Register]
Welcome to Philippines Defense Forces Forum. We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Russia losing control of European gas market
Topic Started: Jan 15 2015, 09:26 PM (126 Views)
MSantor
Member Avatar

PDFF Mod Group
Yet another problem for Putin.

Business Insider

Quote:
 
Russia Is Losing Control Over The European Gas Market
By Elena Holodny | Business Insider – 12 hours ago

UPDATE 1/15 7:30 EST: Russia has reportedly struck a deal with Turkey for a new pipleine in a move to regain leverage on Europe.

Oil isn't Russia's only problem.

The energy exporter is losing its dominance over the European gas market.
Two factors used to keep Russia as the major gas powerhouse: European policies and cold winters.
But both of those things have changed — and Russia is starting to explore non-Western countries.

Europe Is Making Bold Moves
Back in 2009 the European Union passed the Third Energy Package, which said Russia could not both own and control pipelines on the EU territory. (Russia filed a lawsuit with the World Trade Organization against the EU over this in April, after the first rounds of Western sanctions.)

(...SNIPPED)

"If you think you can do a thing or think you can't do a thing, you're right." - Henry Ford

"Courage is going from failure to failure without losing enthusiasm."
- Winston Churchill


"If everyone is thinking alike, someone isn't thinking"- Gen. George S. Patton
Offline Profile Quote Post Goto Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · World Politics and Current Events · Next Topic »
Add Reply