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Commodities Briefing - Categorized | Energy, Oil more

Czechs oppose single EU body for gas, oil purchases

Posted on 22 May 2014

The Czech Republic opposes a Polish proposal to create a single body to buy gas for the European Union but could support private groups voluntarily joining up for purchases, according to a position document approved by the government on Wednesday.
Central European countries are vulnerable to any interruption in supplies because they take most of their natural gas from Russia, mainly via Ukraine. Polish Prime Minister Donald Tusk has called for the EU to create an energy union because the current dependence on Russian energy makes Europe weak………………………………………Full Article: Source


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