European Energy Woes
... it’s a simple principle, if you do not like it, then do not buy it. In truth, the energy market prices represent so many components that it is even difficult to explain... ... current stage under the conditions of non-liquid, non-transparent and non-competitive European market, to suggest that we should follow a basic principle of free market as... ... launching this idea, but some harmonization has occurred. As we’ve seen with Ukraine, it has a liberal economy and it has been able to use reverse flows to buy gas cheaper than from Gazprom, by not very much, but still cheaper. So, sooner or later, Gazprom will need...