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International Reports

The Myth of Diversification.

by Dr. Roland Götz

Europe and the Natural Gas from the Caspian Region

Transport costs for crude oil and natural gas are not at all the same: While crude oil can be transported cost-efficiently in tankers, the cheapest way to transport natural gas is via pipelines. Thus, when Europeans address the question of gas supply, they are in a good position, given the gas-extracting and exporting states that surround them on all sides.

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