The European Union, worried by its high reliance on Russia for natural gas supplies, has called for greater access to Russia's gas pipeline network for other Russian and foreign companies, arguing that this would increase competition, lower prices and ensure better service.
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Russia Made Gazprom Monopoly
The European Union has called for greater access to Russia's gas pipeline network
Russia's State Parliament approved a bill that upheld a monopoly on gas exports held by Gazprom, disappointing Europe.
Approval by the upper house, the Federation Council, was considered a foregone conclusion and the Kremlin-backed measure would become law once signed by President Vladimir Putin.
The European Union, worried by its high reliance on Russia for natural gas supplies, has called for greater access to Russia's gas pipeline network for other Russian and foreign companies, arguing that this would increase competition, lower prices and ensure better service.
The European Union, worried by its high reliance on Russia for natural gas supplies, has called for greater access to Russia's gas pipeline network for other Russian and foreign companies, arguing that this would increase competition, lower prices and ensure better service.
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