Tuesday, July 15, 2008

Russian Energy Imperialism...again?

On July 8 in Prague the United States and the Czech Republic signed an agreement on a U.S. radar system on the Czech Republic’s territory as part of the antiballistic missile shield. On July 10 Russia’s oil pipeline monopoly Transneft announced that oil deliveries to the Czech Republic were being cut from the contracted volume of 500,000 tons down to 300,000 tons for the month of July. Transneft did not mention the reasons for this deep cut and did not specify whether supplies would fully resume after July.

My what interesting timing you have, Dadushka Russia!

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