UPDATE 1-Austria defends Russia's South Stream gas pipeline
Source: Reuters
(Reuters) - Austria remains committed to Russia's controversial South Stream gas pipeline project despite a deepening crisis in Ukraine, its foreign minister and the head of its top energy company said on the eve of a visit by Russian President Vladimir Putin.
"We need not only more suppliers, but also more variety in the routes that energy can flow to us," Foreign Minister Sebastian Kurz told reporters in Luxembourg on Monday, noting five European Union countries firmly backed the project.
The South Stream pipeline would bring Russian gas to Europe without crossing Ukraine, which has been locked in a violent standoff with Russia after the ousting of Ukraine's pro-Moscow President Viktor Yanukovich touched off a separatist uprising.
The European Commission has said the project can get approved but has stressed it must conform to strict EU competition and environmental laws.
The head of Austrian energy group OMV called for accelerated negotiations to approve the South Stream pipeline, telling a newspaper it was unrealistic to think Europe could entirely wean itself off of Russian energy supplies.
Read more: http://uk.reuters.com/article/2014/06/23/omv-russia-idUKL6N0P428D20140623
EU now prepared to consider increased volumes via Nordstream / Opal. http://www.democraticunderground.com/?com=view_post&forum=1014&pid=826962
albino65
(484 posts)iamthebandfanman
(8,127 posts)if the party was readmitted to politics"
'A further 42 per cent agreed with the view that life wasnt all bad under the Nazis, and 39 per cent said they thought a recurrence of anti-Semitic persecution was likely in Austria.'
http://www.independent.co.uk/news/world/europe/over-half-of-austrians-think-the-nazis-would-be-elected-if-the-party-was-readmitted-to-politics-8528218.html
SkyDaddy7
(6,045 posts)tentacles (Gas pipelines) feeding your country you have no option but to go along regardless if you don't want to. It is obvious this is what Putin would like to do to all of Europe & he may succeed...He is using the best DRUG on the planet!
dipsydoodle
(42,239 posts)What Austria and others are seeking is simply to be removed from supplies via Ukraine and associated disruption.
There are no other issues with Russian gas.
dipsydoodle
(42,239 posts)VIENNA, June 24 (Reuters) - Austria gave its final approval to a controversial Russian gas pipeline project on Tuesday, defying EU officials as Russian President Vladimir Putin visited the neutral country that has been a long-standing energy customer for Moscow.
The chief executives of Russia's Gazprom and Austria's OMV sealed the deal to build a branch of the South Stream gas pipeline to Austria, a staunch defender of the project in the face of opposition from the European Commission.
South Stream, which will cost an estimated $40 billion, is designed to carry Russian gas to the centre of Europe, a continent already dependent on Russia for a third of its gas needs, on a route that bypasses current transit country Ukraine.
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Gazprom and OMV said they would share equally the 200 million euro ($272 million) costs of building the 50-km (31- mile) Austrian stretch of South Stream, which in total will be 2,446 km long.
http://uk.reuters.com/article/2014/06/24/austria-russia-southstream-idUKL6N0P53C620140624
In associated news :
Miller: If Ukraine siphoning off gas, Gazprom to increase shipments via Nord Stream, Yamal-Europe.
If Ukraine is siphoning off gas, Gazprom will increase shipments via Nord Stream and the Yamal-Europe gas pipelines, Gazprom CEO Alexei Miller said at a press conference on June 24.
http://www.kyivpost.com/content/ukraine/miller-if-ukraine-siphoning-off-gas-gazprom-to-increase-shipments-via-nord-stream-yamal-europe-353179.html
Moldova to begin imports of Romanian gas via Iasi-Ungheni pipeline on Aug 27
Moldova will begin gas imports from Romania via the Iasi-Ungheni pipeline on August 27, which will initially allow the republic to cover 5 -10 percent of its yearly gas needs.
http://www.kyivpost.com/content/russia-and-former-soviet-union/moldova-to-begin-imports-of-romanian-gas-via-iasi-ungheni-pipeline-on-aug-27-353155.html