One good reason why Energy Minister,Dempsey,will not alter current Irish Energy policy much in his strategic review to be annonced in Q1,2007.
Gazprom poses challenge to EU nations
By Stefan Wagstyl and Isabel Gorst of The Financial Times
Published: December 20 2006 20:45 | Last updated: December 20 2006 20:45
From Portugal in the west to Ukraine in the east Gazprom is expanding its presence in the European market.
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See Gazprom’s European interests
For the European Union, this rapid development represents both an opportunity and an economic and political challenge. While Gazprom insists its motives are purely commercial, its critics say the state-controlled gas group often acts as a political instrument of the Kremlin.
EU nations will be seeking new supplies and Ireland will be supplying large quantities of gas by 2009 if drilling in the Irish Sea matches expectations.
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