15  EU states sign up to initiative to cut dependency on Russian gas
ETH Zurich

15 EU states sign up to initiative to cut dependency on Russian gas

Fifteen countries from central, eastern and southeastern Europe yesterday  pledged to accelerate the construction of the continent's gas pipeline network and to allow the "reverse flow" of gas (the selling on of imported gas to other countries) as part of an EU drive to reduce its member states' reliance on Russia as an energy supplier and to develop a fully integrated energy market.
Representatives from  countries including  Austria, Bulgaria, Croatia, Greece, Hungary, Italy, Romania, Slovenia and Slovakia convened in Dubrovnik on Friday to sign up to the EU's Central, Eastern and South-Eastern European Gas Connectivity (CESEC) proposal to both improve the network and to make fuller use of the existing infrastructure. more 

 

Sergei Fedulov

Главный Инженер\COE in company ООО "ЮгСпецТранс"\ YugSpetsTrans, LLC

9y

Diversifying the correct thing, but to completely abandon the gas would be foolish. RF is also not in place and building a pipeline to China and India. But when the EU suddenly feel an urge to increase gas consumption from Russia, Russia will not do it by virtue of its contractual obligations to China and India. That's when the EU and Russia will again blame all their troubles.

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