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May 27, 2020

Is Russia’s energy influence on Eastern Europe falling?

By Matthew Farmer

On Monday, flows of Russian oil to a German pumping ended, with operator Gascade saying it was no longer worth it operating the pumping station around the clock.

As global consumption decreases, Eastern European countries have taken the opportunity to lessen their reliance on Russia. A report by Esperis has shown how Belarus is looking to buy from elsewhere, while Poland’s national oil company is looking to enforce a $1.5bn ruling it won against Gazprom.

Read more here.

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