Wednesday, January 7, 2009

Cold War! EU Gives Russia 24 Hours To Switch Pipeline Back On After 12 Countries Left Without Power

Crisis: The arrows show the route gas travels through the pipeline across Europe

From The Daily Mail:


The EU gave Russia 24 hours to restore gas supplies last night after all deliveries to Ukraine were halted in a dispute over unpaid bills.

As 17 European countries reported cuts to supplies, the leaders of both Russia and Ukraine were warned to stop treating Europe's gas supply as a 'hostage'.

Significantly, the EU failed to spell out what action it planned to take if its warning was ignored.

As millions of people struggled to cope in sub-zero temperatures, it has emerged that gas prices could soar in Britain if there is not a swift resolution to the crisis.

Read more .....

My Comment: This is a Russia and Ukraine fight. Europe is just an innocent victim caught in the crossfire. The Russians are not going to bend. They want to be paid .... and I cannot blame them.

More News On The Energy Crisis In Europe

EU presidency: Russia-Ukraine gas dispute not European affair -- China View
Ukraine, Russia Pricing Dispute Halts Russian Gas Exports to Europe -- Voice Of America
Ukraine sets gas offer but wants no middleman -- Reuters
Russia-Ukraine 'cold war' grips Europe -- Washington Times
EU calls crisis talks as flow of gas stops -- Financial Times
Russian gas crisis to keep bills high as firms divert UK stocks -- The Guardian

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