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Tuesday, 14 February 2017

EU gets wake-up call as Gazprom eyes rival TAP pipeline | Reuters

EU gets wake-up call as Gazprom eyes rival TAP pipeline | Reuters:

"Gazprom's bid to tap into a pipeline meant to wean Europe off Russian gas threatens to undermine a pillar of European energy policy and slow plans to develop rival deposits in the east Mediterranean. As the European Union struggles against the "iron embrace" of Russian pipelines, it has made opening a new Southern GasCorridor to carry gas from Azerbaijan by 2020 a priority. The 10 billion cubic meter (bcm)-capacity Trans Adriatic Pipeline (TAP) is the project's end piece, joining up with the Trans Anatolian Pipeline at the Turkish border, then crossing Greece and Albania to reach Italy."



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