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Gazprom has said it is looking for other markets, such as China and the US (Photo: Gazprom)

EU warned against dependency on Russian energy

The International Energy Agency (IEA) has warned Europe against becoming too dependent on Russian energy supplies.

IEA chief economist Fatih Birol told Financial Times Deutschland that "Europe must change its energy policy in order to avoid becoming too dependent on Russian gas."

His statement comes in reaction to Russian monopoly Gazprom's warning that it would consider delivering its gas elsewhere if investment opportunities in Europe were blocked.

"The recent statements a...

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Gazprom has said it is looking for other markets, such as China and the US (Photo: Gazprom)

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