Christian Message Boards: Russia to become strategic economic partner of the European Union (Energy!)

This is topic Russia to become strategic economic partner of the European Union (Energy!) in forum End Time Events In The News at Christian Message Boards.

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Posted by RaptureRH (Member # 5120) on :

Russia to become strategic economic partner of the European Union

10/04/2005 16:21

The question of Russia's fuel deliveries to Europe has topped the agenda of the current Russia-EU summit in London

The leaders of Russia and the European Union sat down in London today to discuss most important political and economic issues. President Putin chairs the Russian delegation at the summit. Over 50 percent of the foreign trade turnover of Russia falls on EU countries: this fact has become the peculiar feature of the current summit, for such an accomplishment has been achieved for the first time in history.

European leaders do not conceal that their economies depend on Russia's energy sources. It goes without saying, though, that the EU's economic stronghold is not afraid of such ties. Quite on the contrary, EU's old-timers are ready to develop and deepen reciprocal cooperation with Russia.

Prior to his arrival in London, President Putin made a stop in Brussels. European reporters mentioned in this respect that the European administration was emphasizing EU's and Russia's common views on many political and economic questions. They believe that such cooperation is based on EU's demand on energy carriers and Russia's adequate supplies. Indeed, Russia extracts and delivers almost 50 percent of gas and almost one-third of natural gas that EU consumes.

In addition, experts of the International Energy Agency say that Europe's demand in natural gas may increase by 50 percent during the forthcoming 15 years. EU's members will be able to meet the demand with the help of Russia's gas reserves only. That is why the question of fuel deliveries has become the most important issue on the agenda of the current Russia-EU summit in London.

see link for full article

http://english.pravda.ru/main/18/88/354/16245_EU.html

Posted by RaptureRH (Member # 5120) on :

It's rather easy IMO to see why Russia might want to pursue a Gog-Magog war, and in the process take control of much of the Middle East oil fields, as part of a ruse to aiding the Arabs to destroy Israel.

Russia and the ME combined represent 70% of a proven energy reserves in the world - can you just imagine what price Russia would then charge the EU, USA and Japan?

Posted by whitesands777 (Member # 3424) on :

This could be huge news prophetically speaking!