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(World Review)   The EU has chosen to open a new Trans-Adriatic pipeline that will end its dependency on Russian Caspian gas exports. The payoff? EU will be more dependent on Turkey and Azerbaijan for energy supply. We'll see how this pans out   (worldreview.info) divider line 13
    More: Interesting, Adriatic, Azerbaijan, energy supply, Russians, Turkey, gasfields, Gazprom, Caspian Sea  
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347 clicks; posted to Business » on 20 Aug 2013 at 10:15 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



13 Comments   (+0 »)
   
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2013-08-20 10:20:39 AM  
Crimean War 2: Electric Boogaloo?

//Also I believe this was the plot to The World Is Not Enough.
 
2013-08-20 10:55:11 AM  
Just want to point out that the masters of the universe are still trying to get US cities to build LNG ports on the east coast of the US to supply you guys in Europe.
 
2013-08-20 11:04:53 AM  
"EU will be more dependent on Turkey and Azerbaijan for energy supply."

Yes, but those countries are small enough that the EU will be able to convince the US to introduce "freedom" if Turkey or Azerbaijan get uppity. Russia can tell the US and EU to go to hell.
 
2013-08-20 11:25:01 AM  
Sounds like someone's...

...passing gas.
 
2013-08-20 11:38:20 AM  
The European link will only provide 10 billion cubic metres (bcm) or two per cent of total European gas demand of 500bcm. Russia, through state-owned company, Gazprom, exported 130bcm of gas to Europe in 2012. It amounts to 26 per cent of Europe's gas or 13 times the projected quantity of TAP's supplies

hey failmitter, this won't do much at all to end europe's dependency on Russia for gas.
 
2013-08-20 12:50:53 PM  
There is also a huge gas field off the coasts of Cyprus and Isreal.
 
2013-08-20 01:10:36 PM  

To The Escape Zeppelin!: "EU will be more dependent on Turkey and Azerbaijan for energy supply."

Yes, but those countries are small enough that the EU will be able to convince the US to introduce "freedom" if Turkey or Azerbaijan get uppity. Russia can tell the US and EU to go to hell.


This

Plus the fact that Turkey at bare minimum has been a historical enemy of Russia since it was called Muscovy (thanks to that whole warm-water port obsession the Russians have always had).

If the EU can't convince Turkey to play nice(r) just to spite Russia (and vice versa), they're not trying.
 
2013-08-20 02:06:15 PM  
Turkey is a longstanding member of NATO.  They are an associate member of the EU, with a pending application to join the union.
 
2013-08-20 03:45:33 PM  
Are they going to build the thing out of Adamantium? That's an amazingly active earth quake zone.

Also, the Israelis have found enormous amounts of gas off their coast recently. They may be willing to chip in on a pipeline.
 
2013-08-20 08:13:41 PM  
And Gazprom has started construction of a new pipeline that will cross the Black Sea and deliver an additional 63bcm of natural gas to Eastern Europe.
 
2013-08-21 02:18:11 AM  
Thank god the EU will end its reliance on the Caspian Sea countries by stepping up its Caspian Sea oil purchases.
 
2013-08-21 05:05:24 AM  

KWess: Turkey is a longstanding member of NATO.  They are an associate member of the EU, with a pending application to join the union.


They're never going to join the EU though.
 
2013-08-21 08:30:55 AM  

spawn73: KWess: Turkey is a longstanding member of NATO.  They are an associate member of the EU, with a pending application to join the union.

They're never going to join the EU though.


Probably not, no.
 
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