Russian Incursion Hurts EU Hopes for more Pipelines from Caspian
Wednesday, August 13th, 2008Moscow’s use of military force against neighboring Georgia is bound to be a major setback for the West in its “pipeline war” with Russia in which the US and the EU are trying to devise ways of getting oil and gas directly to European markets without going through Russia.
Much of these Western hopes center on the
Now it will be much harder to convince investors that these new pipelines are safe long-term bets for their money, according to Georgia Falls Victim to Pipeline Politics by a Platt’s specialist writing for the BBC.
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