Energy fuels new 'Great Game' in Europe

The giant Russian energy company, Gazprom, which controls the world’s largest reserves of natural gas, has issued a stark warning to the

European

Union

saying it must decide if it wants to continue receiving supplies of Russian gas.

Speaking in a BBC interview, Gazprom deputy chairman Alexander Medvedev warned that Europe was now at a crossroads.

“Only three countries can be suppliers of pipeline gas in the long-term – Russia, Iran and Qatar. So there is no other choice than to deal with these suppliers,” he said.

“Europe should decide how to handle this situation