Quote:
Originally Posted by Albatross
EU demand for Russian gas is falling as a result of the global crisis. Gazprom will have to reduce its output by 25-30%. On top of that, as a result of the latest UA-RU gas dispute, the EU is looking at alternatives for Russian gas, e.g liquified gas.
So Russia shot itsself in the foot.
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another factor stability, lol
Norway and England export Oil probably not enough to suffice the EU. I wonder how much oil is exported from Libya to Europe.
For a while Libya had an embargo on them.