Announcement

Collapse
No announcement yet.

Russia slams EU plans to support Caspian pipeline

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Russia slams EU plans to support Caspian pipeline

    Russia slams EU plans to support Caspian pipeline

    23:33 - 13.09.11


    Russia lashed out Tuesday at an offer by the European Union to broker
    talks between energy-rich Azerbaijan and Turkmenistan aimed at
    creating a natural gas pipeline that would carry Turkmen fuel to the
    West.

    According to the Associated Press, Moscow's testy outburst over EU
    lobbying for construction of a trans-Caspian pipeline highlights
    Russian sensitivities over prospects that its grip on the supply of
    gas to Europe could be loosened.

    Foreign Ministry spokesman Alexander Lukashevich said that only the
    five countries bordering on the Caspian had the right to settle issues
    regarding use of the inland body of water.

    Europe is eager to diversify its gas purchases away from Russia, whose
    recurrent disputes with transit nation Ukraine have led to periodic
    cutoffs.

    Western Europe relies on Russia for a quarter of its gas needs. Some
    80 percent of the gas bound for Western Europe is carried through
    Ukrainian pipeline.

    A pricing dispute between Ukraine and Russia in 2009 left Europe
    without a key source of gas and the union is keen to diversify its
    supply.

    Under a mandate approved Monday, the EU will propose a union-wide
    treaty supporting the completion of the trans-Caspian pipeline.
    Gas carried through that route would then be fed into EU-backed
    Nabucco pipeline that bypasses Russia.

    "Europe is now speaking with one voice. The trans-Caspian pipeline is
    a major project in the Southern Corridor to bring new sources of gas
    to Europe. We have the intention of achieving this as soon as
    possible," EU Energy Commissioner Oettinger said in a statement.

    The planned Nabucco pipeline is slated to transport 31 billion cubic
    meters of natural gas from the Caspian region to Austria via southern
    Europe.

    The viability of the project has been called into question over doubts
    that enough suppliers can be found to fill the pipeline.


    Tert.am

Working...
X