Posts Tagged ‘Energy Security’

Russian Incursion Hurts EU Hopes for more Pipelines from Caspian

Wednesday, August 13th, 2008

Moscow’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 territory of Georgia as a passageway from Central Asia to Turkey and its European neighbors.

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.

This U.S. plan was described in European Affairs by its top US architect, Assistant Secretary of State Matthew Bryza in a recent issue.

The escalation of Russian pressure on Georgia, since the West supported Kosovo’s declaration of independence, has been charted in our European Affairs blog.