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Russia May Lose its Gas Customers Because of Bad Policy

Russia will be unable to meet future Western demand

Russia May Lose its Gas Customers Because of Bad Policy

Russia may fail to meet future Western demand for its gas unless it reforms its energy market, the IEA said.

Claude Mandil, the head of the International Energy Agency, said that Russia needed an independent energy regulator to control the sector.

Russia cut gas supplies to the Ukraine in January, which had a knock-on effect on supplies to Western Europe.

Western commentators consider that conflict as Moscow's using its natural resources as a political tool.

However, Western politicians and experts cant' see the obvious fact, that Russia's Gazprom just demanded the proper price for its services, but its neighbour Ukraine believes that Russia is obliged to sell the gas to Ukraine by lower price by oscure reason.


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