US WANT TO EUROPE
The combination of asset sell-offs by major European energy players - most notably Germany's E.ON - and increased concern over energy supply security has served to bring back the decade-old utility privatization trend in Central and Eastern Europe. States are attempting to get their hands on long-term gas supply contracts with the Russian natural gas exporter Gazprom and pave the way for a multi-commodity energy supplier business where they can influence end-user prices directly. If mismanaged, such trend in the medium to long-term may reduce investments into pipelines and thus decrease the desired security of supply.
The former socialist Central and Eastern European countries…
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