IEA Deputy Head: Russia Gas Cut is a ”Serious Mistake”

Russia’s decision to cut Ukraine’s natural gas supply Sunday, due to a pricing dispute, was a “serious mistake” that will lead consuming nations to further examine diversifying their energy supply mix, the deputy head of the International Energy Agency said Tuesday.

“I think Russia has made a serious mistake. It has demonstrated its willingness to use its gas as a politcal and economic tool,” William Ramsey told Dow Jones Newswires in an interview.
Schlumberger