Russian gas pipeline could doom Europe’s Nabucco plan

Europe’s grand plan for the gas pipeline from the Caspian Sea was derailed with the 2008 Soviet invasion of Georgia. That was the true intention behind the war and not a handful of unruly politicians or military provocations from a nation not much bigger than Israel, with half the capability. Putin himself said the war was pre-planned (Additional source here). Create the crisis and provide the solution — energy dependancy on Russia in this case. That was (and still is) the aim.

  • Europe, U.S. support for Nabucco weakened
  • Azeri consortium expected to pick winner in June
  • Gas due to flow to European Union from 2019

VIENNA/BRUSSELS, May 28 (Reuters) – Europe’s grand plan for a gas pipeline from the Caspian Sea that would make its eastern states less reliant on Russia may have been fatally undermined by Russia’s even bigger project.

As Azerbaijan nears a decision on which pipeline to choose for its future exports, the Nabucco plan that was long the European Union favourite could lose out to the more modest Trans Adriatic Pipeline (TAP) across Greece to southern Italy. Continue reading