Europe gas pipeline deal agreed

Source: BBC News

Four European Union countries and Turkey have signed an agreement to construct the long-planned 3,300km Nabucco natural gas pipeline.

Once completed, the line will bring up to 31 billion cubic metres of gas a year from the Caspian and the Middle East across Turkey and into Europe.

It will give an important alternative energy supply to Russia, which already meets 30% of Europe's gas needs.

But much still remains to be agreed on, not least where the gas will come from.



Read more: http://news.bbc.co.uk/1/hi/business/8147053.stm

bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking bull-fucking

Shit.

Bull-fucking shit.

Alternative my ass. Just another way for big energy to destroy the Earth.

FUCK YOU big energy!

to Europe OTHER THAN Russia. I guess I read it that way based on what I know about those
competing pipeline routes.

I don't know if his African leg of the trip was part of this decision.

From the above article:

Azerbaijan will be the main source of Nabucco's gas when the pipeline is opened, due by 2014.

However, two weeks ago, the country agreed to sell some of its gas to Russia, a move many understood as a warning to the Nabucco partners to sort out their differences or look elsewhere.

Iran, Iraq, Kazakhstan, Turkmenistan and Egypt are all considered potential suppliers to Nabucco in the longer term.



More info about all this in these articles posted recently.

Should Gazprom be allowed to monopolise the transportation of Central Asian gas to Europe?
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=103&topic_id=461273


World Pipeline Maps/Info
http://www.theodora.com/pipelines/world_oil_gas_and_products_pipelines.html

I wonder if there's a better way to position those options so they aren't so close together?

The thing is, the "+2 votes" (or whatever) goes quite well next to both recommend and unrecommend - since it's all the same system. Moving one a long way away might get people confused as to what they meant.

LONDON (MarketWatch) -- Turkey and several European countries on Monday signed a deal that will allow natural gas to flow through a pipeline without Russia having control.

The Nabucco deal could provide natural gas to parts of southern and central Europe by 2014.

The gas pipeline -- with a planned distance of 3,300 kilometers (2,050 miles) and is due to cost 7.9 billion euros ($11 billion) -- would connect the Caspian region, the Middle East and Egypt via Turkey, Bulgaria, Romania and Hungary.

Companies involved in the Nabucco project include OMV /quotes/comstock/11i!omvky (OMVK.Y 34.67, -0.73, -2.06%) , Romania's Transgaz, Turkey's Botas, Hungary's MOL, Bulgaria's BEH and Germany's RWE /quotes/comstock/11e!frwe (DE:RWE 53.93, +0.97, +1.83%) .

The main supplier of gas to European countries, Russia twice has turned off supplies over disputes with Ukraine.

Though ostensibly the project is designed to bypass Russia, Turkey's energy minister was quoted as saying that he would like to see Iran and Russia join the pipeline.

The U.S. has previously objected to Iran's participation.

--------------

Iran plans gas link to Europe distinct from Nabucco
Oct 13, 2008


TEHRAN, Oct 13, 2008 (Reuters) - Iran plans to build a Persian Pipeline for shipping its natural gas to Europe that would be independent of the EU-backed Nabucco project, a senior Iranian official was quoted as saying on Monday.

Iran, which has the world's second-largest gas reserves after Russia, had previously suggested it could hook up to the planned Nabucco pipeline that is meant to bring Central Asian gas to Europe, bypassing Russia and reducing EU dependence on Moscow for energy.

But analysts have said it was doubtful the 27-nation EU would support such a move, as the Islamic Republic is under U.N. and U.S. sanctions over its disputed nuclear programme. The sanctions have slowed Tehran's gas export plans.

"We have nothing to do with the Nabucco pipeline and since the European Union announced ... it does not need Iran's gas we have designed a new plan independent of Nabucco," Akbar Torkan, head of Oil Ministry planning, told the ministry's website Shana.

The Nabucco pipeline is due to bring 30 billion cubic metres of Caspian and Middle Eastern gas a year from Turkey to an Austrian gas hub via Bulgaria, Romania and Hungary...cont'd

http://www.reuters.com/article/marketsNews/idINDAH34885220081013?rpc=611

UPDATE 1-Turkish PM says wants Nabucco to transport Iran gas
Mon Jul 13, 2009 9:51am BST


* Turkey says Iran should be included in Nabucco

* Qatar and Russia can take role in Nabucco

(Adds quotes, background)

ANKARA, July 13 (Reuters) - Turkey's Prime Minister Tayyip Erdogan said on Monday Turkey wants Iranian gas to be transported to Europe via the planned Nabucco pipeline "when conditions allow", despite U.S. opposition.

European Union governments and Turkey will sign transit agreements in Ankara on Monday for the EU and U.S.-backed Nabucco pipeline, which aims to reduce Europe's energy dependence on Russia by transporting gas from the Caspian and Middle East through the planned pipeline from 2014.

"We desire Iranian gas to be included in Nabucco when conditions allow," Erdogan told a gathering of Nabucco partner countries and regional countries including Iraq and Georgia.

..

http://uk.reuters.com/article/idUKLD60806920090713?sp=true

Turkmenistan ready to supply gas for Nabucco link


ASHGABAT, July 10 (Reuters) - Turkmenistan said on Friday it was ready to provide gas for the Nabucco pipeline, three months after Russia halted gas imports from the Central Asian state amid a row over shipments.

"Currently, Turkmenistan has excess gas for trade. We are ready to send it abroad to any customer. This includes Nabucco," Turkmen President Kurbanguly Berdymukhamedov told a government meeting, broadcast late on Friday on state television.

Russia, the main buyer of Turkmen gas, halted its imports in April after a pipeline which carries more than half of its most valuable export exploded and analysts have said Turkmenistan is losing up to $1 billion every month in lost gas export revenues.

Central Asia's biggest gas producer blamed Moscow for blowing up the pipeline, a charge Russia denies.

U.S. Undersecretary of State William Burns, in an interview with Turkmen state television also on Friday, said he had discussed energy cooperation with Berdymukhamedov during his tour in Central Asia.

A raft of transit agreements will be signed on Monday in Turkey by the architects of the EU and U.S.-backed Nabucco pipeline, which are expected to define where the pipeline will begin...cont'd

http://www.reuters.com/article/marketsNews/idUSLA2358920090710