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Tuesday, April 28, 2009

Gazpromā€™s positions in Europe shattered

28 April 2009 - Sofia FOCUS News Agency - Gazprom has sustained three strong blows on its European positions these days, Nezavisimaya Gazeta reads. The first blow came from the European Parliament (EP) and its package of measures for energy market liberalization, which in fact ditched Gazprom’s aspirations for direct access to European consumers. Then was Turkmenistan’s support for Nabucco. And on 25 April at the Energy Forum in Sofia, the South Stream pipeline project failed to find its place on the EU priority list. Gazprom’s defeat on the European arena could mean a collapse in the Russian gas giant’s doctrine for expansion abroad.

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