(*)(*)(*)(*) it!
(*)(*)(*)(*) it! I think that after all we are losing Russia that tends to be the only country able to provide European energy security in the ensuing years. It is clear enough that without Russia oil and gas European industry and economics will get fixated! Indeed, European politics were too careless when pissed off Russia with its call to the EU to be a party to adoption of a new European-Asian Energy charter treaty. Now what we gonna do? At this very moment we can eyewitness Russian oil and gas extracting companies to be redirecting the line of their export policy, which can be noticed by the example of ground-breaking for Eastern Siberia – Pacific Ocean oil pipeline network. Besides that, there is certain intensification in creation of oil transit lines from Russia to South Eastern Europe (that is Russian-Greek Burgas – Alexandropoli pipeline that will be used to transport Russian and Caspian oil) that is said to be completed by the beginning of 2011. Then, there is a proposition to construct oil transit lines to countries of Asia-Pacific Region and to America. I fear that Europe may fall short of Russian oil very-very soon.
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