U.S. Vice President Joe Biden has cautioned Europe against a new natural gas pipeline planned to stretch from Russia to Germany, saying it “looks like a fairly bad deal” for Europe because it further increases its energy dependency on Moscow. Biden said Thursday that to lock Europe “into greater reliance on Russia at this moment … will fundamentally destabilize Ukraine,” but stressed that European Union leaders must make their own decisions on the issue.
Russian energy giant Gazprom and the EU, which imports a third of its natural gas from Russia, agreed last year on the new pipeline to run parallel …read more
Source: Loop News Jamaica