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Posted on on November 24th, 2008
by Pincas Jawetz (

We post the following – an eight months old article – because of the news that Russia’s Lukhoil is intent on buying 30% of the Spain’s Repsol – this is a clear evidence that the Gideon Rachman Article still holds true.

Rachman was talking about the Natural Gas Pipelines from Russia to West and Central Europe via The Ukraine and Belarus, with potential of investment in pipelines that could bypass these countries – but he believes that the overall interest of Russian business will not make it necessary to look for these alternatives – in effect one could rather foresee that Russia would be just as reliable in its supplies as the Soviet Union was before, this because of the entanglements of international investments and business in general.



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