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    market news

    European Gas Industry Leaders Throw Support Behind Russian Gas Project

    Investing News Network
    Dec. 07, 2012 07:56AM PST
    Oil and Gas Investing

    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.

    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.

    european unionmarket newsgas marketrussia
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