European Union energy ministers called Tuesday for a new energy pact with Russia to guarantee Europe’s supply of natural gas and oil, just months after a price dispute between Russia and Ukraine temporarily turned off Europe’s gas. “Russia in the future is going to be a strategic supply of gas and oil so we need to have a proper long-term sustainable relationship,” said Austrian Energy Minister Martin Bartenstein, who led the meeting. “Ideally we would want to avoid the sort of things that happened at the beginning of this year or at least diffuse them quickly.” Full Story
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