VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД RSS
breakingnews
Go to main page   Business   News   South Stream development pushes cut off risk into past   Comments  
MORE ON THE STORY
06.10.2010, 13:59 2 comments

"Russia calling!" - Peter Hambro

With Russia looking to diversify away from commodity production Business RT spoke with Petropavlovsk chairman, Peter Hambro, about the role natural resources should now play.

12.08.2010, 13:28

Wimm-Bill-Dann to buy back Danone stake for $470 million

Danone, the world’s largest yogurt maker, has agreed to sell its 18.4 %stake in Wimm-Bill-Dann back to the Russian company for $470 million.

30.04.2010, 18:33 11 comments

Gazprom - Naftogaz merger mooted ahead of asset swap talks

Russian Prime Minister, Vladimir Putin has proposed the uniting of Gazprom with Ukraine’s Naftogaz to underpin integration.

12.08.2010, 17:01 1 comment

Cash for clunkers Mark II

With the government rolling out a second phase of the cash for clunkers scheme, Business RT spoke with Ernst & Young analyst, Ivan Bonchev, about the impact it has had.

President Dmitry Medvedev with EU foreign policy chief Javier Solana and EU commission chief Jose Manuel Barroso (AFP Photo / Dmitry Kostyukov) 21.05.2009, 23:29 2 comments

Energy returns to centre stage in Khabarovsk

President Dmitry Medvedev welcomed European leaders to Khabarovsk for the EU Russia Summit, with energy issues are again taking centre stage.

11.09.2009, 17:16 2 comments

Central Asia and Russia: Gas partners

President Dmitry Medvedev heads to the Caspian and Central Asia this weekend for talks with Russia's gas suppliers. Business RT spoke with Mikhail Krutikhin, Partner at Rusenergy about the significance of the links.

13.11.2009, 18:05

Novatek posts 3Q 2009 Net Profit of 7.35 billion Roubles

Russian gas producer, Novatek, has posted a 3Q 2009 Net Profit of 7.35 billion Roubles under IFRS.

22.12.2009, 10:17 2 comments

Russia resumes Turkmenistan gas imports

Russia has agreed to resume gas imports from Turkmenistan, starting in January, after a new contract was signed in the presence of Russian and Turkmen Presidents who are meeting in Ashgabat on Tuesday.

27.03.2009, 12:08

Adrian Douglas: All that glitters is gold

With the global recession looking certain to stay with us for the foreseeable future, what do you do with your hard-earned money? RT spoke with gold industry expert Adrian Douglas.

16.04.2009, 22:26

Copper prices rise on strategy of the dragon

Copper gained for a fifth consecutive session in London - the longest rally in 14 months - on increased imports from China, amidst speculation Beijing is buildings its metals stocks for strategic reasons.

South Stream development pushes cut off risk into past

Published: 04 January, 2010, 10:27
Edited: 06 January, 2010, 03:18


image from http://south-stream.info

European gas consumers have faced disruptions to their supply over recent New Years breaks, but the threat of future cutoffs is receding with the progress of the South Stream project.

 
2 COMMENTS
Sarah January 04, 2010, 23:26 quote
0

Go Russia, Go, gas is empire! Hopefully Russia’ new energy empire will be gentile and the wealth generated will be shared by ordinary Russians. The wealth created from this lucrative energy must trickle down to each and every Russian citizen in the form of good healthcare, good education, safe and clean water and safe roads.

Bianca January 05, 2010, 21:30 quote
0

It is interesting to see the mouthpieces of various special interests always getting media access. Why? The "analyst" who boldly claims that there is no need for South Stream, is clearly a paid spokesperson for different energy interests. What he fails to "analyze" is the reason behing France getting involved. It became clear to France that with Turkmenistan's departure from the Nabucco scene, it may end up depending on Germany for its supplies of gas. EU may be a community, but when it comes to energy security, it is each contry for itself. Nord Stream will supply Germany, but Denmark has already joined in. As Norway's supplies go down in a few years, the market will expand. This is why France jumped into South Stream. And what has been conveniently ommitted is the fact that the "south" fork of South Stream came as a shock and a surprise to Nabucco backers. They all put pressure on Bulgaria to delay, and dutifuly Bulgaria obeyed. But suddenly, with the move od Black Sea route along the Blue Stream bed, and through Turkish terrritorial waters, the link can just bypass Bulgaria, and accross Greece to to Italy, as initially planned. This is why Turkey is taking the heat now, as it was part of the deception. Of course, as the "analyst" says, there is always some gas from Azerbaijan (very little), and the huge amount of gas from Iran. If Europe really wants it --- I guess it would just have to behave nicely towards Iran. That would be hard thing to swallow. Next time, RT, when giving media space to paid special interests, at least have some of your experts shed some light on what they are really selling. Do not give them free propaganda time.

POST COMMENT

By posting your comment, you agree to abide by our posting rules


CAPTCHA image