THE EU CONTINUES TO WOO RUSSIA OVER ENERGY – BUT IS IT WORTH IT FOR ELECTRICITY?
November 1st, 2007
BY KEITH NUTHALL and ALAN OSBORN
GEOGRAPHICALLY Russia is part of Europe. Moscow is 1,557 miles from London, but 3,456 miles from New York. The Russian capital is also just 760 miles from Stockholm, as the crow flies. These figures are worth considering when trying understanding the often fraught energy diplomacy between Russia and the European Union (EU). Both sides might sometimes behave otherwise, but they are not just neighbours, they live on the same continent. As such - the big question for the electricity industry is whether such proximity can be used to ...
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