ASSESSMENTS
The EU Shifts Russian Natural Gas Policy
Nov 7, 2012 | 11:31 GMT
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.
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