Russia Sees Europe Relying Heavily on Its Gas for Next 25 Years
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The European Union will rely heavily on Russian gas for at least 25 years despite plans by members of the 28-nation bloc to curb its neighbor’s grip over energy supplies, Energy Minister Alexander Novak said.
Relations between the two sides worsened last year after the EU and U.S. imposed sanctions over Russia’s role in a deadly conflict in Ukraine. The EU sought to cut reliance on Russia after supplies of gas piped across Ukraine were earlier disrupted because of conflicts between the two nations.