EU ROUND UP – RUSSIA EU GAS SUPPLIES EU REGIONAL GAS REGULATION LIBERALISATION
May 1st, 2006
BY KEITH NUTHALL
RUSSIA has sent another threat to Europe over gas supplies, undermining its reputation as a potential reliable energy partner for its western neighbours. Semyon Vainshtok, the president of Russia pipeline monopoly Transneft has told the daily newspaper Nezavisimaya Gazeta that Russia has "overfed Europe with crude". He added: "Every single economic manual says that excessive supplies depress prices." Meanwhile, Norway has again posed as a white knight. The non-European Union (EU) kingdom's foreign minister Jonas Gahr Støre ...
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