• IEA chief trashes Russia's plan to switch gas exports to Asia from Europe, saying it will take at least 10 years - 'You're not selling onions'

    3 days ago - By Business Insider

    International Energy Agency Executive Director Fatih Birol. Anadolu Agency/Getty Images
    Pivoting natural gas exports to Asia from Europe won't be easy for Russia, IEA chief Fatih Birol said.
    He predicted it would take at least 10 years as new pipelines and other infrastructure need to be built.
    The Kremlin has "already lost the energy battle" against Europe, which is looking for alternative suppliers, Birol added.
    Russia's plan to replace its natural gas customers in Europe by exporting more to customers in Asia will take years, according to International Energy Agency Executive Director...
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