BERLIN (Own report) – In view of the EU’s summit meeting, later this week, the “fracking” lobby and NATO are intensifying their pressure for the EU to initiate the highly controversial “hydraulic fracturing.” There are indications that the German Bundestag could speed up legislation allowing this dangerous gas production technique. The outgoing NATO General Secretary Anders Fogh Rasmussen is implying that fracking opponents are in fact working as agents for the Russian government. This incredible slander coincides with global transatlantic strategies aimed at using the current fracking boom in the USA and other western countries, to significantly weaken or even eliminate Russia’s influence as a producer of natural gas. If Moscow can no longer sell its gas to the EU, it could hardly avoid painful budget cuts. This would have serious consequences for Putin’s position of power at home and his influence in global politics. Regardless of such campaigns, German and US energy companies are pressing ahead with fracking in Europe – while continuing to do business with Russia. Continue reading
The EU would extend the route for supplies through the Southern Gas Corridor and its pipes will make their way further into Europe’s mainland, according to reports.
Russia’s Vedomosti, which cites sources from the European Commission, suggests that pipes could lead into France and Spain and this could increase the amount of Azerbaijani gas received from the Union.
According to the same EC representative, the prospects of importing from Turkmenistan and Iran are also on the agenda. Continue reading
With tensions in Ukraine nearing a breaking point, the world is collectively looking to the Western powers for resolution. But, not surprisingly, the response so far has consisted of little more than a wag of the finger, with NATO and other world leaders unanimously condemning Russia’s military action in the Crimea.
While the reasons for this muted response are manifold, it’s difficult to ignore the leverage the Russians hold in this standoff. For starters, the U.S. and other Western powers have little to gain from bringing the Crimean conflict to a head; Russia, on the other hand, greatly benefits from controlling the region, with its strategic access to the Black Sea and concentration of Russian-speaking peoples. Continue reading
SINGAPORE – China’s strategy to diversify supply routes for its rapidly rising energy imports has just taken a major step forward.
On July 15, natural gas from Myanmar (aka Burma) started to flow along a recently completed pipeline that stretches for 1,100 kilometers from the sea coast, through jungle and mountains, to Kunming in southwest China.
There it will feed into other gas lines supplying homes, industries and power plants generating electricity in the world’s biggest energy user. Continue reading