Piebalgs urges caution on Russia-Algeria gas deal

The European Union should be “on guard” about Gazprom’s cooperation deal with Algeria’s Sonatrach because it cannot take security of supply for granted, Energy Commissioner Andris Piebalgs said on Sunday.

The 25-nation bloc, which relies on the Russian gas monopoly for a quarter of its supply, is sensitive to its dependence on foreign energy providers.

“We should be on guard because of security of supply,” Piebalgs told reporters on the sidelines of a conference on investment opportunities in Algeria.
Reuters