DeepResource

Observing the world of geopolitics, energy and other resources

South Stream Making Progress


After completion of the first leg of North Stream (green line in the map), the world’s longest sub-sea pipeline (the other leg to be completed later this year), RT reports that the decision has been taken to start construction later this year of a similar pipeline from Russia to Europe via the Black Sea (blue line) and to complete the northern leg to Austria first. This increases the European dependence on Russia, a circumstance Washington does not like. But from a European perspective the strategic options are increased and eventually could lead to a Eurasian orientation of Europe, the ultimate nightmare of Washington. Meanwhile the American backed Nabucco project (red line) is getting nowhere.

[rt.com]


[RT - There is no stopping South Stream]

[RT - Russian pipeline projects to gain from Nabucco woes]

Turkmenistan has 25 trillion m3 of natural gas waiting to be exploited. The gas is concentrated in the second largest gasfield in the world: South Yolotan.

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