Advertise On EU-Digest

Annual Advertising Rates

12/29/06

RTE Business - Concern Gazprom dispute could affect EU

For the complete report in the RTE Business click on this link

Concern Gazprom dispute could affect EU

The European Commission has urged Russia and Belarus to end their gas price dispute, on concern that consumers across Europe could be affected. Russia's state-owned Gazprom has threatened to cut off gas to Belarus on 1 January unless a 134% price rise is accepted. Russian gas passes through Belarus through a pipeline on its way to Europe, and a shutdown could put supplies at risk.

Energy Commissioner Andris Piebalgs today called for a solution that would safeguard EU supplies. 'I call on the two parties to reach as soon as possible a satisfactory agreement that does not put in question gas transits to the EU,' he said.

No comments: