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Russia's gas deal with China underlines risks Europe's energy security

2014-05-26 10:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The gas deal announced last week saw agreement between Russia and China after 10 years of negotiation. The implications of Russia's turn eastward to seek a new energy partner should raise concerns in Europe over its own gas supply and wider energy security. Gazprom's share of Europe's gas market reached approximately 30% in 2013. As the Ukraine crisis has soured relations between Russia and Europe, both sides are looking to diversify. Europe's need to diversify away from Russian gas is hardly...

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