All aspects of Europe’s relations with Russia including the energy dimension inevitably have a strong geopolitical overlay which at times becomes distorting beyond recognition. To put it in terms of everyman’s anecdotal Freud: here we have a cigar which is never just a cigar. Read on....
The signing in Ankara on 26 December of the contracts for creation of a Trans-Anatolia Natural Gas Pipeline sounds the death-knell of the EU’s Nabucco project. It is now high time for Mr Barroso’s Commission to re-examine the folly of its Energy Charter and 3rd Directive on Un-bundling Gas Transmission and Production.