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EU bites the hand that feeds it: Russia’s Gazprom will bite back

Wednesday, September 12th 2012 - 01:54 UTC
Full article 8 comments

Gazprom has Europe's natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant's offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU natural gas supplies. Read full article

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  • Frank

    'The end victory for Gazprom would come in the form of a European Commission ruling banning fracking, '

    Hmmmmm.....maybe Gazprom has a cunning plan..... get into bed with YPF and then make sure the RG gas stays in the ground......

    Sep 12th, 2012 - 04:52 am - Link - Report abuse 0
  • willi1

    the german ex chancellor gerhard schröder is part of the gazprom board, friend of putin, and will avoid that his salarypayer will get problems in germany and europe. BASTA!

    Sep 12th, 2012 - 06:51 am - Link - Report abuse 0
  • Idlehands

    Germany hasn't helped with it's mindless rush to get rid of it's nuclear energy capacity.

    Sep 12th, 2012 - 09:20 am - Link - Report abuse 0
  • briton

    The Germans will reap what they sow,
    And the Russians will eat it all.

    Sep 12th, 2012 - 12:05 pm - Link - Report abuse 0
  • GeoffWard2

    In the medium term, all gas and oil reserves are finite, and all will run out - for many nations around the world, sooner rather than later.
    There will inevitably be 'last men standing'.

    You can envisage a coming populous world with less photosynthetic vegetation, less gravitational water flow, and more fluctuational extremes in wind, wave, rain and solar energy.

    The UK might be well placed in this climate-changed world-to-come, having more sun, more coastal winds, and a constant and large supply of tidal energy.
    It might even have enough 'alternative' energy for its extreme density of population, but for many purposes it will still rely on the biofuel internal combustion engine when geological fuels run out.

    It will sure be 'a different world'!

    Sep 12th, 2012 - 02:59 pm - Link - Report abuse 0
  • Idlehands

    UK energy policy is a shambles - but probably not the worst scenario in Europe. They need to build the hydro electric dam on the Severn Estuary before we reach crisis point. It's curently being blocked by concerns over the preservation of marshland.

    Environmental concerns are fine but when you have fossil fuels producing greenhouse gasses, nuclear energy producing radioactive waste, wind turbines blighting the views of the countryside and marsh preservation blocking hydroelectric schemes then something has got to give.

    I favour choosing the least worst option rather than the current green agenda to return us all to living like peasants.

    With any luck one of ITER, KSTAR or the NIF will pull an ace from under their sleave but I can' see it happening in our lifetime.

    Sep 12th, 2012 - 03:35 pm - Link - Report abuse 0
  • malicious bloke

    @6, as far as the various fusion projects go, we're looking at 15-20 years before it becomes viable as a power source and probably another 20 after that for it to become widespread enough to be relevant.

    That said, developing solar, wind and tidal energy is only a stopgap measure and i'd be very wary of plunging MORE money into it.

    More money and focus on civilian thermonuclear power from the 50s onwards and we'd have had working reactors by now, but sadly it wasn't to be.

    Sep 12th, 2012 - 04:23 pm - Link - Report abuse 0
  • British_Kirchnerist

    #8“That said, developing solar, wind and tidal energy is only a stopgap measure and i'd be very wary of plunging MORE money into it”

    Why?!

    “More money and focus on civilian thermonuclear power from the 50s onwards and we'd have had working reactors by now, but sadly it wasn't to be”

    I actually agree with that.

    Are you Greek Yoghurt btw?

    Sep 16th, 2012 - 07:56 pm - Link - Report abuse 0

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