Russia threatened yesterday to disrupt gas supplies to Europe within days, opening a new front in the showdown over Ukraine. President Putin demanded immediate advance payments from Kiev to keep the gas taps on in the depths of winter. Cutting off gas would be likely to hit transit flows to Europe. His ultimatum came on the day that the EU announced ambitious plans for an “energy union” to end Russia’s energy stranglehold over the continent.—David Charter, The Times, 26 February 2015 …read more
Source: Canada Free Press