Sunday 27 July 2014

WHO WILL SUPPLY GAS TO THE EU NEXT WINTER ?


In the current political climate where Russia and Putin seem to be doing what they want without hindrance, the EU does not appear "united", particularly with respect to the new sanctions to be aimed at Russia and its Oligarchs.

The Western Powers (USA + EU) will meet on Tuesday (29/7/14) to announce their sanctions against Russia and its Oligarchs, but is this enough ?

The EU weak point and the Russian strong point is GAS !  Will EU customer countries still be supplied with Siberian Gas by Russia ?  What will the cost of the Gas be this coming winter ?  Where will it come from ?

If gas is absolutely vital to Germany, it is the biggest EU customer Russia supplies, can another supplier not be found ?  Are the biggest reserves of Gas not in Kuwait ?  Should Leaders in the EU Council therefore not launch studies for the whole EU ?

During the coming six weeks, Politicians will all be on Holiday and organising meetings will be difficult if not impossible.  Brussels will be closed !

Putin knows this and will also be "on Holiday", but... refining his ideas and plans with his henchmen !  When he acts, the Malayan airliner recently shot down in Eastern Ukraine will have been forgotten !

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