Wednesday, January 7, 2009

Gazprom Attempts To Expand Russian Sphere of Influence

...by cutting off gas to a half-dozen countries, including one they are in a pretty tense situation with already (Ukraine). They bought a controlling interest in Serbia's energy industry at a time when Serbia was about to see Kosovo declared independent and Serbia in the EU. Russia is looking to put a pipeline through Serbia to work around the European pipeline which makes Russian activity largely beside-the-point.

No no, it is all legitimate business and the countries are cut off because they don't want to pay the going rate (+60%) for their natural gas! It is not the spirit of the Soviets running the country, trying to strong-arm their neighbors! Not at all!

Right, and I have a bridge to sell you.

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