Dutch postpone Russian trade mission The Netherlands on Wednesday postponed a four-day trade mission to Russia planned for next month because of Moscows annexation of Crimea and increased tensions in eastern Ukraine. The crisis, the worst between Moscow and the West since the end of the Cold War, has prompted calls for the EU to reduce its reliance on Russian gas and oil, though that would inflict pain on European consumers, including in the Netherlands. For the Dutch, long-term cooperation with Russias Gazprom would secure gas flows as its own natural gas reserves dwindle. The country is expected to become a net importer of gas by 2025. In 2013, around 18 billion euros worth of energy was purchased from Russia, more than half of it crude oil.
Posted on: Wed, 09 Apr 2014 14:33:14 +0000
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