Analysis: EU eyes Gazprom's Nigeria play

Quotes

1. “ We made a decision to go global in terms of acquiring assets and developing strategy outside Russia. Africa is one of our priorities. ”

2. “ A deal between Gazprom and Nigeria will increase Europe's dependence on Russian gas. ”

3. “ Europe wants to diversify its energy supplies away from the Middle East. When the Russians gain clout in Nigeria and elsewhere in the region as well, Europe risks exchanging OPEC for Gazprom. ”

Entities Mentioned

• China
• Mexico
• Africa
• Nigeria
• Russia
• Russian
• Niger Delta

1. By TATYANA SINITSYNA MOSCOW, April 9 (UPI) -- Global utility giant Westinghouse Electric Co. and Ukraine's power utility Energoatom have signed a deal to ... (Read Full Article)
   
   

   Related Articles

   • African Utility Week 2008
   • also mentions Nigeria
   • Emcore Corporation to Deploy Concentrator Solar Photovoltaic ...
   • also mentions China
   • Transmission network key to further wind farm development
   • also mentions Mexico

   • African power and electricity exhibition sold out
   • also mentions Russian
   • Balancing The Trade-Offs
   • also mentions Russia
   • Namibia Power Plans Diesel Plant to Supply Mining Companies
   • also mentions Africa

Login to comment.