George X. Protopapas
(RIEAS Media Analyst)

Copyright: Geopolitical Monitor on line (Publication Date on RIEAS web site: 13 July 2014)

The European Union is looking for supply alternatives in order to reduce its energy dependence on Russian gas, particularly after relations between the West and Russia deteriorated following the Ukraine crisis.

One could say that relations between the EU and Russiaare characterized as a paradox: both parties seem reluctant to abandon their energy relationship. To be more precise, the relationship is kind of symbiotic. The EU continues to be the best customer, constantly requesting more energy resources, and making the huge European market indispensable for Russia. Undoubtedly, suppliers and buyers constantly generate pretexts and arguments that ultimately aim to achieve better market placement, terms, and conditions.....  Read more

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