Europe gas line deal to be signed
BBC / David O'Byrne
13-Jul-2009 (one comment)

Four European countries are meeting in Turkey to sign a five-nation agreement for 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.

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rosie is roxy is roshan

The story behind this is interesting.

by rosie is roxy is roshan on Tue Jul 14, 2009 09:01 AM PDT

I found out about it a couple of weeks ago while googling around, a small mention in a trade paper and a long, detailed and very comprehensive analysis by of all things a socialist website. At that time I couldn't find any other sources except a statement from the IRI official press announcing that the deal was a go and would definitely be finalized July 12. This was very strange because at the same time the European countries had announced they were deferring for time being. The gas source was clearly to be Iran. It seemed probable that the deferral was due to the human rights violations and the talk of sanctions on the part of EU (while at the same time there were other internecine issues that were strictly business). It was a fascinationg item because despite all the talk of sanctions, it seemed to me that the European countries would go through with it because at the end of the day gas is gas.

I had intended to follow up on it but with all the other things going on I didn't. Well it seems you beat me to it.

You beat me rfairly regularly.

lol

Kudos to your journalism. I've learned so much from you.

Thanks,

Robin


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