Forbes: Are Russia and Europe Parting Ways?

If Europe wants to diversify away from Russian natural gas, ‘go ahead and make my day’ seems to be the words to read between the lines in the state run media in Moscow.  The country’s biggest natural gas company said that natural gas resources that used to be bound for Europe will see much greater competition now from China.  Gazprom and Chinese state entities signed deals last year to get Russian natural gas to fire up the Red Dragon.

“The resource base of Western Siberia is a resource that is used for delivering gas for exports to Europe. In other words, at this point we are on the cutting edge when actual competitiveness will begin for our energy resources between two mega-markets: Asian and European,” Gazprom’s chief executive Alexei Miller told Rossiya-24, Russia’s 24-hour news station.

Read the full article HERE.