Sunday, February 15, 2009

EU is losing its grip on Caspian gas corridor

"EU is losing its grip on Caspian gas corridor

Borut Grgic

Published: February 15 2009 20:06 | Last updated: February 15 2009 20:06

The European Union faces two obstacles to its Nabucco project to pipe gas via a southern corridor from the Caspian region and thus reduce western Europe’s dependence on Russian supplies: Turkey’s attitude and the Balkan activities of Gazprom, the state-controlled Russian oil monopoly."

More:FT.com / Comment / Opinion - EU is losing its grip on Caspian gas corridor