According to a leading article in Denmark's Politiken, the dispute between the EU and Russian gas supplier Gazprom could have its advantages. However "only if the Commission's proposal for the division of production and distribution is put into practice. Not only Gazprom, but also the energy monopolists in Germany, France and Italy who have signed long-term contracts with Gazprom in return for giving access to their distribution networks are all working against this proposal. Now Gazprom - which supplies a quarter of the gas consumed by the EU - is threatening to hit back if its room for manoeuvre in the EU is restricted." Such threats are no great cause of concern, the paper writes, because Europe is the biggest buyer of Russian gas and exporting to China is technically impractical. The important thing now, it adds, is for the EU to remain united - however this could prove difficult. "While the energy giants in the EU are fighting to defend their monopolies, Russia is worried about its investments. This is an 'unholy alliance' against the plans of the European Commission to combat its own and foreign monopolies." (22/05/2008)
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