Energy Union of Europe against Russia
Edited by Rhod Mackenzie
Oil and Gas Nord Stream Russia Oil and Gas Turkish Stream EU Commission Political Gas Gazprom Pipelines
The EU intends to organize a single energy market, to start the centralized procurement of gas and to reduce the share of Gazprom by the attraction of other suppliers. How far are these plans feasible? How will they affect the economies of Russia and the EU?
Energy Union
The European Commission intends to take control over energy purchases by European countries. The creation of a single energy market and the transition to centralized procurement will allow it to achieve better prices and to reduce the Europe's dependence on Russian companies, European officials say. First of all it concerns the purchase of gas - the issue of procurement within the Energy Union will be discussed at the next EU summit in Brussels on March 19th-20th.
