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Brussels Indulges in Trans-Caspian Pipe Dream Again

After the European Commission has finally realized that major investors (RWE) and transit countries (Hungary) are leaving Nabucco, bureaucrats in Brussels are now trying to revitalize a distressed project – the so-called Trans-Caspian gas pipeline. Their goal is obvious - to find the lacking resources for a shorter version of Nabucco (the so-called Nabucco-West) and prevent its complete failure. Even in Europe many specialists in energy policy understand that without the gas of five Caspian littoral states including Iran, Nabucco will be a mere show of empty pipeline...

Igor ALEXEEV | 14.03.2013




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OUR COLUMNIST
    Natalia MEDEN

Christoph de Margerie: Europe Does Not Need Another Berlin Wall

...It’s not organizations but rather people who lay down the basis for mutual trust between nations. The level of contributions differs; in some cases it by far exceeds the average like in the case of Christoph de Margerie. In July the head of Total told Reuters in an interview that Europe needs no Berlin Wall. «Are we going to build a new Berlin Wall?» he asked adding, «Russia is a partner and we shouldn't waste time protecting ourselves from a neighbour ... What we are looking to do is not to be too dependent on any country, no matter which. Not from Russia, which has saved us on numerous occasions»...

24.10.2014
 
 
 
 
 
 
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