– As Gazprom CEO Arrives In Athens, EU (Coincidentally) Files Anti-Trust Charges Against Russian Giant (ZeroHedge, April 20, 2015):
As the head of Russian gas giant Gazprom, Alexei Miller, arrives in Athens tomorrow (for talks with Greek PM Tsipras about “current energy issues of interest,” which we suspect will include finalizing the “Turkish Stream” pipeline heralded by many as Greece’s potential get-out-of-Troika-jail-card), he will face an increasingly anxious European Union. Fresh from its suit against Google, the WSJ reports, the EU’s competition regulator plans to file formal antitrust charges against Russia’s state-owned gas company OAO Gazprom on Wednesday. This re-opens a suit from 2012 saying that it suspected the company of abusing its dominant position in those countries’ natural-gas supply. It appears Europe is getting nervous…
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Quite right. It is totally wrong for a State owned monopoly to dominate the energy supply.
However they have but two choices if they kick Russia’s GAZPROM out……….
Either buy from Norway’s State owned STATOIL, or simply freeze to death.