Russia suspected of funding anti-fracking movement

Russia suspected of funding anti-fracking movement
(Image credit: Gareth Fuller - WPA Pool/Getty Images)

Gazprom, the Russian-owned energy behemoth, is suspected of funding anti-fracking protests in Eastern Europe, according to The New York Times. Russia reportedly sees fracking — a controversial drilling technology that has unlocked massive reservoirs of natural gas in the U.S. and elsewhere — as a threat to its domination of the European natural gas market.

Gazprom, a state-controlled energy giant, has a clear interest in preventing countries dependent on Russian natural gas from developing their own alternative supplies of energy, [Romanian officials] say, preserving a lucrative market for itself — and a potent foreign policy tool for the Kremlin...

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