EU RUSSIA PREPARE TO SQUARE OFF OVER ENERGY DEAL
April 1st, 2007
BY KEITH NUTHALL, ALAN OSBORN and PAUL COCHRANEWITH the European Union (EU) securing around 25% of its gas from Russia and natural gas being an ever more important fuel for thermal power plants, the failure thus far of the European Union and Russia to agree a new long-term energy agreement has to be of concern to the electricity industry.Russian and EU will huddle at a summit staged at Samara, Russia, where the stated aim of all parties is to start substantial negotiations on a new treaty, which the European Commission wants to reflect the principles of the 1994 ...
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