Turkey Pipeline Aims To Diminish Europes Dependance on Russian Gas
Posted by Neil Payne on July 14th, 2009FOUR European nations have signed an agreement with Turkey to construct a 2,000-mile-long, £6.9 billion gas pipeline in an attempt to diminish Europe’s dependency on Russian energy.
Inking the deal in Turkey yesterday, the countries hope that once completed the pipeline, called Nabucco, should be able to transport 31 billion cubic metres of gas a year.
Turkey Gas Pipeline
This should go some way to reducing Russia’s influence over the continent’ADVERTISEMENTs energy supplies. Moscow now provides Europe with a quarter of its gas needs, but questions marks over its reliability as a supplier have surfaced frequently.
At the start of the year a dispute between Russia and Ukraine led to pipelines closing down, and a number of European nations experiencing severe disruption to energy supplies. Russia provides more than a quarter of Europe’s gas, and 80 per cent of that moves over Ukrainian pipelines
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