Europe to stay hooked on Russian gas despite plans to break free


  • World
  • Wednesday, 05 Mar 2014

LONDON (Reuters) - Ukraine's crisis has prompted fresh calls for Europe to diversify away from Russian natural gas yet despite efforts to find new sources, Russia is set to remain the region's dominant supplier.

Europe has tried to reduce its reliance on Russia but much of the potential new supply will compensate for falling production at home, rather than replace Russian imports, around a third of which pass through Ukraine.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Burkina Faso army executed over 220 villagers in February, HRW says
Yellen says range of options to deal with frozen Russian assets
Kenyan military deployed as East Africa floods kill dozens
Lukashenko talks up threats to Belarus to justify 'nuclear deterrence'
Italy's state TV journalists to strike over Meloni government's grip
Harvey Weinstein's conviction overturned by top New York court
Russia says it may downgrade ties with US if its assets are confiscated
Iraq hangs 11 convicted of terrorism in latest mass executions, security officials say
Spain prosecutor asks court to throw out corruption case against PM Sanchez's wife
India says US human rights report "deeply biased"

Others Also Read