Russia Faces Challenge to Gas Supremacy

In an article in The Financial Times Commodities Editor Javier Blas outlines why Russia faces a challenge to its gas supremacy. Until now, European companies have found it difficult to renegotiate their expensive contracts with Gazprom because the lack of alternative suppliers. Over the next decade, the development of the European shale industry could give the Continent’s natural gas consumers a bit more leverage.

Tuesday, April 17, 2012