Germany starts to build Nord Stream 2

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Danish and Swedish permits still pending (Photo: nord-stream2.com)

 

Germany has started to pour concrete on a Russian gas pipeline that risks dividing the EU and harming its energy security.

The construction began in Lubmin, on Germany’s Baltic Sea coast, on Thursday (3 May), with the laying of foundations for a terminal that will receive 55bn cubic metres (bcm) a year of Russian gas via the Nord Stream 2 pipeline when it goes online in 2020. Continue reading

Report: U.S. Can Use Energy Clout to Pressure Russia, Ease Tensions With China

Experts say America can use status as global energy power to advance national security goals

The United States has been slow to recognize how its emergence as a leading energy producer can be used as leverage to build cooperation with China and apply pressure to Russia, according to a new report.

The U.S. government could take advantage of the modern energy market to reduce tensions with China by boosting cooperation in energy trade and also deal a blow to Russia by providing increased competition in the energy sector, a panel of experts from the Center for a New American Security write in a report released this month. Continue reading

Greece May Be Key Player In European Energy Security

…which is why it’s often said here that Greece is going nowhere (See also HERE and HERE). It simply holds too much strategic value as it is the gateway to Europe. Whether it’s 100% submission to the German-led troika or a parallel currency compromise, the most likely option, it will stick around in one form or another.

 

The United States is reporting some success in persuading Greece to accommodate a Western-backed pipeline through Turkey to supply Europe with gas from the Caspian Sea rather than an alternative project – backed by Moscow – that would ship Russian gas.

Washington sent Amos Hochstein, the State Department’s special envoy on energy affairs, to Athens to discuss the options with several Greek officials. On May 8 Hochstein reported that both sides “agreed on more than we disagreed.” Continue reading

Russian Military Activity in the Arctic: A Cause for Concern

While the West has primarily been focused on Russia’s recent actions in eastern Europe, Moscow has continued with its plans to militarize the Arctic. Russia’s strategic goals in the Arctic are to secure current and potential energy resources located in the region and to maintain military superiority above the Arctic Circle. Although the threat of armed conflict among the Arctic powers remains low, the U.S. should consider the implications of Russian militarization in the region in light of Moscow’s recent aggression in Ukraine. Continue reading

Energy as a Weapon (II)

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

China Cements “Ties” With Fiji

President Xi Jinping said Wednesday that China is ready to strengthen communication and cooperation with Fiji and other Pacific Island nations.
Xi made the remarks while meeting with visiting Fijian Prime Minister Josaia Voreqe Bainimarama in the Great Hall of the People.

Xi said China treasures its friendship with Fiji, respects the development path chosen by its people and will continue to provide assistance to Fiji within its capacity. Continue reading

UPDATE 5-U.S. to overtake Saudi as top oil producer – IEA

Believing this one might be a difficult thing to uphold. The energy resources available aren’t disputed, but the actual motive to use them are. Most of the news the last four years reflects that the Obama administration has gone out of its way to close everything up it can (i.e. available shale oil land in Colorado via making national parks out of everything) and kill Canadian imported oil. Only time will tell what will come of this anomaly.

* U.S. to become biggest oil producer by 2017

* To overtake Russia as top gas producer by 2015

* Moving to become self-sufficient in energy (Adds details, para 8-9) Continue reading

China gets jump on U.S. for Brazil’s oil

You can’t just be making all these bad decisions, one after the other, accidentally; but rather by design. It’s clear by now that the oil and gas industries (nor oil independence) are not a priority as Obama’s financial and political backers (i.e. Soros, Solyndra et al) within the green movement instead need to be rewarded for their loyalty during the 2008 and upcoming 2012 presidential election. You might even be shocked to know that the only oil businesses making large headway are backed by George Soros, drilling and exploring in Brazil — and only for Brazil’s benefit.

BUENOS AIRES — Off the coast of Rio de Janeiro — below a mile of water and two miles of shifting rock, sand and salt — is an ultradeep sea of oil that could turn Brazil into the world’s fourth-largest oil producer, behind Russia, Saudi Arabia and the United States.

The country’s state-controlled oil company, Petrobras, expects to pump 4.9 million barrels a day from the country’s oil fields by 2020, with 40 percent of that coming from the seabed. One and a half million barrels will be bound for export markets.

The United States wants it, but China is getting it.

Less than a month after President Obama visited Brazil in March to make a pitch for oil, Brazilian President Dilma Rousseff was off to Beijing to sign oil contracts with two huge state-owned Chinese companies.

Continue reading article: China gets jump on U.S. for Brazil’s oil (Washington Times)

See also: Obama’s Keystone Denial Prompts Canada to Look to China Sales (Bloomberg)

See also: Up Next… Obama’s New Energy Regulations Will Put 32 Coal Plants Out of Business (Gateway Pundit)