Tag: Nabucco
The two-day international «EU-Russia Energy Dialogue» conference which took place May 29-30, the eighth such conference so far, was once again unable to overcome the stalemate between Moscow and Brussels in the field of energy. The leadership of the European Union still insists that Russia accede to the so-called «Third Energy Package»… In essence, this is a demand that Moscow agree to delegate part of its financial and economic powers in the energy field to Brussels, without having the possibility to influence the European Union's decision making…
South Stream is an ambitious endeavor of Russia’s energy giant Gazprom to get direct access to the EU energy market. It is portrayed and criticized by some politicians in Europe as a «dangerous» gateway to a broader economic relationship with Moscow. Remarkably enough, Bulgaria, Serbia, Croatia, Slovenia and Hungary have one-by-one opted for the project…
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…
The stakes are high in the big game around the Caspian hydrocarbons. The main goal of the West is to separate the countries of South Caucasus and Central Asia from Russia, to avoid the integration of post-Soviet states within the framework of common economic space, to make the energy routes bypass the territory of the Russian Federation. Supposedly, as a result, the geopolitical former Soviet Union space would acquire a new shape described in the concepts of New Silk Road and Greater Middle East…