What The Frack?

US-Amerikan gas has suddenly become a whole lot more attractive to Europeans these days for some strange reason.

Gas

“European nations…will, if no solution to this can be found, recast their approach to energy and economic links with Russia over time. Those are things over time which I think will mean this has been a serious miscalculation [by Russia],” British Foreign Secretary William Hague said.

Britain buys about 1% of its natural gas from Russia, but other European nations purchase more than a third of their needs, which means they wouldn’t be in a position to simply do without that supply, he said.

Angesichts der anhaltenden Spannungen in der Ukraine drohen europäische Politiker Russland mit Folgen im Energiemarkt. Europäische und amerikanische Politiker werden Verhandlungen über höhere US-Exporte nach Europa aufnehmen, sagte Großbritanniens Außenminister William Hague an.