ISLAMABAD: In a significant development, Russia has offered to lay a pipeline for gas export to Pakistan, a proposal that stems from fears that Moscow will lose the European Union energy market because of a standoff with the US and Europe over the Ukrainian issue, officials say.
Russia has been a major gas supplier to the EU to meet the bloc’s energy needs. However, trade and energy ties between the two sides have soured since last year in the wake of annexation of Ukrainian region Crimea by Moscow, which has slapped a ban on food imports from the EU.
Strategic Perspectives Through Research and Dialogue
