Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

EU Rules Out Energy Sector Sanctions Against Russia
16.05.2014 20:57
EU Rules Out Energy Sector Sanctions Against Russia
Photo Credit: http://www.thegwpf.org

Russia is not facing energy-related sanctions from the EU despite earlier fears.

      According to Guenther Oettinger, sanctions against the EU’s major trade partner would be ‘inappropriate’, the energy commissioner told the journalists following a session of EU energy ministers in Athens.

      “The question of security of supply is not primarily a matter of coal or oil but gas is what is in the forefront. Our Russian partners are the most important suppliers of gas to the markets of the European Union,” he was quoted by Bloomberg as saying.

      “Despite the crisis we are prepared to continue our gas partnership; Russia supplies gas and Europe pays for gas. A weapon in the form of the refusal of gas deliveries is something that we would consider to be wrong,” Oettinger added.

      The EU’s refusal to side with the US on energy sanctions may come as a painful blow but Europeans are closer to Russia geographically and dependent on Russian supplies, unlike Washington.

      “The EU and 28 member states still expect Russia to supply gas and to meet its contractual obligations. We consider that security of supplies concerns these neighboring and partner countries too: Ukraine, Moldova and the countries in the western Balkans,” the EU energy commissioner concluded.

       




Author: Mikhail Vesely

Tags: Ukraine crisis Gazprom Crimea   

Next Previous


You might also find interesting:

A Special Group in the UK will Monitor Financial Flows from Russia
27.01.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Kremlin  Russian Bears  SSJ 100 crush  Moscow  Anatoly Kuznetsov  GOA   Russian events  Russian Historians  St. Petersburg  river cruises  Chanel  Sochi Olympics  Tomsk Special Economic Zone  environment  public-private partnership  Barguzinsky nature reserve  Ceramics  Double deck trains  Russian Film Distribution  Russian tourism  Russian Cinema  Opposition  Russian business  Flemings  Grigori Chukhrai  Russian law  Exhibitions in Moscow  Russian rouble  Russian opposition  Concerts in Saint Petersburg  excursions in Petersburg  Fairs   Lenin  Russian politics  Zadonsk  Festivals in Moscow  Bronze Age  Russian music  Mercedes-Benz Fashion Week Russia  Maria Sharapova  Top 50 Films of All Time  TNK-BP  Russian Internet  Russian tourist destinations  travel to Russia  Russian regions  Georgy Taratorkin  Russian children  Russian sanctions   Russian airports 


Travel Blogs
Top Traveling Sites