America is not the only country dealing with increasing gas prices. The Netherlands and Italy are currently in a dispute about cheap gas exports. (originally reported by Financieele Dagblad, a finance newspaper)
Apparently the Netherlands is attempting to stop Italy from buying cheap gas from Moscow, as a result of a special deal for Italy that was made in the 1960s.
The Dutch people have been experiencing price increases in gas since the 1980s, and now a Dutch gas export firm wants an Italian oil firm to pay for gas purchases since 2005. The Netherlands is responsible for exporting approximately 10 billion m3 (converted natural gas) of gas to Italy a year.
I'm confused. I thought you were talking about natural gas, and not gasoline...
ReplyDeleteGood blog, overall. Interesting and timely stories. Wish I had seen more about Dutch media as it relates to globalization, but was glad to see at least some blog entries on those issues...
ReplyDeleteGrade: 170 of 200.