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Gazprom Playing Games with Europe's Gas Supply Again

By Joel ScanlonJun 27 2010

Russian energy company Gazprom has resumed normal gas supply to Belarus after it stated that the $200 million debt was almost paid off. The energy giant Gazprom had reduced the supply of gas by 60 percent in wake of the dispute.

The four day old supply cuts imposed by the company has undermined Russia's reputation as a reliable energy supplier. With Belarus threatening to block Russian gas supplies to Europe on Thursday, the European Union will be doubtful about the wisdom of relying on Russia for the bloc's energy needs.

Lithuanians saw their gas supply plunge by 40 % at one point during the course of the dispute. The European Union Energy Commissioner Guenther Oettinger described the situation as an attack on the whole EU.

The situation flared up over a trivial payment issue but according to strategists there was more to it than meets the eye. Lukashenko has irritated Moscow with his independent approach as the Russian Prime Minister Vladimir Putin fights for control over post-Soviet territory.

Whatever the result of altercation Russia's reputation did take a beating.

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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