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A Test Of Endurance: Europe Faces A Chilling Couple Of Years, But Russia Stands To Lose The Energy Showdown – Tanzania News Gazette tanzanianewsreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tanzanianewsreports.com Daily Mail and Mail on Sunday newspapers.
Despite rising temperatures across Europe, the energy crisis isn’t over just yet, but while Europe faces pain in the short term, many experts think that Russia stands to lose in the long term ....
Good luck has helped the EU build up its natural gas storage, keeping fears of blackouts and frigid homes this winter at bay. Next winter could bring a bigger chill, particularly if Moscow ends all pipeline gas exports but longer term, analysts say, it’s Russia that will be left out in the cold. ....
Europe, long considered Gazprom’s “bread and butter”, is rushing to reduce its dependence on Russian gas, and that could crush its biggest gas company’s profits over time ....