European Energy Woes
... 88-90%) of its energy needs by 2025-2030, it will naturally be more susceptible to risks. Any setbacks, or sudden events, ala Fukushima or Arab Spring will have serious repercussions. If something happens, Europeans will not be able to sustain themselves ... ... Russia, this is especially a major issue as all the loans for developing new fields and constructing new pipes are done via long-term contracts. This is vital for Gazprom, as the lending banks absolutely adore long-term contracts, especially if they ...
14.06.2013