Breaking Russia’s Energy Stranglehold


The EU is in a bad spot of energy and Putin lets hope it works out for the EU!

PA Pundits - International's avatarPA Pundits International

Europe cannot afford to have its foreign and domestic policies dictated by Putin’s blackmail.

Driessenprofile2By Paul Driessen ~

20080428_PutinEuropean Union nations want to impose tougher economic sanctions on Russia for invading Ukraine and providing the missiles that shot down Malaysia Airlines Flight MH17. However, they are worried about biting the hand that feeds them – with the natural gas that fuels much of its economy.

Russia is the world’s second-biggest natural gas producer and third-biggest oil producer, so it can inflict tremendous pressure and damage on its neighbors without firing a shot. The 28 EU nations as a whole depend on Russia for one-third of their oil and gas. However, Estonia, Finland, Latvia and Lithuania get 100% of their natural gas from Russian President Vladimir Putin. Six other European countries get more than half of their gas from the powerful Russian Bear: Czech Republic (57%), Poland (59%), Ukraine (60%), Hungary…

View original post 1,274 more words

One comment on “Breaking Russia’s Energy Stranglehold

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.