20 March 2006

Putin rejects Barroso plan for ‘reciprocal gas access’

Putin rejects Barroso plan for ‘reciprocal gas access’ and quite rightly so. The customers aren't going anywhere, the pipelines aren't either - until LNG and/or GTL comes on line in the next 5+ years. In the meantime GAZP can acquire customers with its cash. Why would Russia agree to a social contract with Europe when Europe's not willing to create alternatives.

EUROPEAN Commission President Jose Manuel Barroso on Saturday confirmed that Russian President Vladimir Putin had refused his plea for European companies to gain access to Russia’s gas pipelines and reserves in exchange for access to Europe’s gas consumers and networks by Russian gas giant Gazprom.

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20 March 2006

Putin rejects Barroso plan for ‘reciprocal gas access’

Putin rejects Barroso plan for ‘reciprocal gas access’ and quite rightly so. The customers aren't going anywhere, the pipelines aren't either - until LNG and/or GTL comes on line in the next 5+ years. In the meantime GAZP can acquire customers with its cash. Why would Russia agree to a social contract with Europe when Europe's not willing to create alternatives.

EUROPEAN Commission President Jose Manuel Barroso on Saturday confirmed that Russian President Vladimir Putin had refused his plea for European companies to gain access to Russia’s gas pipelines and reserves in exchange for access to Europe’s gas consumers and networks by Russian gas giant Gazprom.

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