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Thursday 8 October 2009

Its a gas gas gas !


A collective sigh of relief can be heard this morning, with the news that the Ukraine has paid its gas bill for September.Previously outstanding bills to the Russian state gas company Gazprom caused major disruption to gas supplies, not just to the Ukraine but to much of Eastern Europe including Bulgaria.

As I have written before the world, and Europe in particular, must find alternative supplies which is why the Nabuco pipeline is so important.

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