European Gas Industry Leaders Throw Support Behind Russian Gas Project

Reuters reported that European gas executives showed their support at the South Stream Pipeline ceremony for a project that is considered an important step towards Russia’s gas market dominance.

As quoted in the market report:

The show of European corporate support may be an example of what critics have depicted as a Gazprom policy of cultivating strong ties with individual consumer countries as part of a divide-and-conquer strategy in iyd disputes with the European Union.

To view the whole Reuters report, click here.

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