Excerpt from Caspian Investor by Elena Kirillova and Inna Gaiduk
Russia is intensifying efforts to connect key Caspian regional players to its new natural gas pipeline projects. These serve to render so-called "anti-Russian" pipelines less likely. Such pipelines include Nabucco (the Trans-Caspian gas main from Turkmenistan to Europe) and the South-Caucasian gas main (the Baku-Tbilisi-Erzerum pipeline, extending from Azerbaijan to Turkey and then on to Southern Europe). On November 22, the head of Gazprom Alexei Miller and the CEO of Italian Eni Paolo Scaroni signed an addendum to the June 23 Memorandum of Mutual Understanding concerning the construction of the South Stream gas pipeline across the Black Sea floor. Recently, the Russian government approved the Near-Caspian gas pipeline.
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Tuesday, January 22, 2008
Russia Moves to Control Caspian Gas Pipeline Directions to Europe
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