Europe’s Final Hope For Energy Independence From Russia

And this is one of the main reasons Russia went to war against Georgia in 2008. They did not want Europe to be energy independent.

 

Europe’s reluctance towards reliance upon Russian natural gas trade is no secret. It’s also no surprise, due to fallouts between Russia and Ukraine (a major transit country for the trade) in 2006, 2009 and 2014. Currently Russia and Ukraine do not even have a bilateral gas trade, but Russian gas is transported through Ukrainian pipelines to Europe, only to be resold to Ukraine by E.U. countries in “reverse-flow” deals. This doesn’t sound like a stable system, considering the reliance of Europe’s gas supply upon these Ukrainian pipelines (European supplies were cut by 30 percent in the 2009 Ukrainian crisis). Continue reading

South Stream ‘Plan B’ opts for route through Greece and Turkey

A Russian newspaper has published an article suggesting that the Kremlin-favoured South Stream gas pipeline could drop Bulgaria, Serbia, Hungary, and Slovenia for its route, and instead reach its final destinations, Italy and Austria, through Turkey and Greece.

On Monday (18 August), Russian business newspaper Vzglyad published an article by journalist Oleg Makarenko, claiming that Gazprom has a “plan B” in case Bulgaria continues to obstruct the construction of the South Stream pipeline.

A caretaker government in Sofia, which took office on 6 August, has frozen the construction of South Stream, following clear indications from Brussels that the EU executive would impose infringements on Bulgaria, unless the country re-negotiates its bilateral agreement with Russia for the construction of the pipeline, which is in breach of EU law.

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