ASSESSMENTS

The EU Shifts Russian Natural Gas Policy

Nov 7, 2012 | 11:31 GMT

Russian President Vladimir Putin (R) and Gazprom CEO Alexei Miller meet Oct. 29

ALEXEI NIKOLSKY/AFP/Getty Images

Summary

Russia's decision to cut natural gas prices for Poland suggests it can no longer rely only on bilateral, exclusive deals with strategic partners to secure its access to the European market. On Nov. 6, Russian state natural gas company Gazprom and its Polish counterpart, PGNiG, reached an agreement that would see the price Russia charges Poland for natural gas drop. This is probably the first of several instances of Russian efforts to normalize natural gas pricing among its EU customers.

Russia is moving toward normalizing its natural gas pricing in Europe....

Keep Reading

Register to read three free articles

Proceed to sign up

Register Now

Already have an account?

Sign In