End Result Is That EU And Russia Need Each Other In Terms Of Natural Gas

摘要

Russia holds most of the cards in the struggle it is waging with the European Union to supply Europe. This is not the disaster that it is portrayed to be, and Europe has, at any rate, been here before.In the last decade, Russia's oil and gas industry has transformed from a synod of market-driven oligarchs into an increasingly unified and state-led presence determined to marry economic and political power. This presents a major challenge to EU policymakers who need to balance concerns about Gazprom acquiring too strong a market position with their need to secure gas supplies at reasonable prices.