In Brussels’ corridors of power, they’ve started referring to it as the “Iron Embrace”. When Vladimir Putin on February 7 ratified Moscow’s Turkish Stream gas pipeline investment, he set in motion a strategy which, if successful, will enable Russian gas giant Gazprom – which already supplies around a third of the continent’s gas, with parts of Central and Eastern Europe nearly wholly reliant on it – to enclose European markets with a pincer movement from both north and south.
BNE IntelliNews discussed Gazprom’s strategy with Sijbren de Jong (HCSS) and Agnia Grigas (Atlantic Council). The full article can be read here.
Photo credit: Thawt Hawthje via Foter.com / CC BY
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