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
Tag Archives: gas imports
Europe fails to tap Caspian Sea’s surging gas supplies
European countries are losing out to China in their quest to source natural gas from the Central Asian states.
Moving away from dependence on Russia and Middle East hydrocarbons was a key energy objective of European countries in the 1990s, and the oil and natural gas resources along the Caspian Sea was seen as a vital alternative.
Instead, European oil dependence on Russia and the Middle East has grown from 75% in 2000 to 84% by 2010. In addition, EU reliance on gas imports has also risen from 49% to 62% during the period. Continue reading
The Balkan chessboard: Russia’s ruble diplomacy and EU interests
In 1998, Zbigniew Brzezinski argued that “a power that dominates Eurasia would control two of the world’s three most advanced and economically productive regions. A mere glance at the map also suggests that control over Eurasia would entail Africa’s subordination, rendering the Western Hemisphere and Oceania geopolitically peripheral to the world’s central continent”. His book The Grand Chessboard was indeed a major contribution to geopolitical studies. Depicting the new challenges for US foreign policy in a multipolar world, Brzezinski identifies the geopolitical Achilles’ heel of the 21st century in the area he designated as the Global Balkans, i.e. “the swathe of Eurasia between Europe and the Far East.” Continue reading
Gazprom brush-off: Germany’s largest gas supplier signs ‘milestone’ contract with Canada
Germany’s largest gas supplier E.ON plans to taper its dependence on Gazprom, Russia’s state-owned gas major and Norway, instead developing ties with the Canadian company Pieridae Energy.
The contract was finalized on June 3rd, and Pieridae Energy will supply five million tonnes of liquefied natural gas (LNG) to Western Europe for an unspecified several billion euros, Deutsche Welle reported. Continue reading
UK Gas Supply Six Hours From Running Out in March
Britain came within six hours of running out of natural gas in March, according to a senior energy official, highlighting the risk of supply shortages amid declining domestic production and a growing reliance on imports.
“We really only had six hours‘ worth of gas left in storage as a buffer,” said Rob Hastings, director of energy and infrastructure at the Crown Estate, the property portfolio managed on behalf of the Queen. “If it had run any lower it would have meant … interruptions to supply.” Continue reading