15 June 2009
Gazprom's New Weakness Offers Opportunity
Author:
Senior Fellow
Anders
Aslund
(Peterson Institute for International Economics)
Publisher:
CASE - Center for Social and Economic Research, Warsaw, Poland
Sienkiewicza 12
00-010 Warsaw
Poland
Tel: +48 22 622 66 27
Fax: +48 22 828 60 69
http://www.case-research.eu
CASE Network E-Brief, June 2009
Editor: Eva Blaszczynski, Author: Anders Aslund
Europeans should take up President Dmitry Medvedev's recent proposal for a new legal framework on energy cooperation, argues Anders Aslund in this CASE Network E-Brief. Medvedev wants to replace the Energy Charter of 1991, which nearly all other European countries have ratified. Both Russia and Europe need an agreed legal framework for global energy cooperation.
Gazprom's acute crisis offers the best opportunity for Russian and European energy reform, argues Aslund. In the current recession, Russia can no longer afford Gazprom management's egregious waste.
