EU ROUND UP – EU SOURCES NEW NON-RUSSIAN ENERGY SOURCES
April 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Union (EU) has struck two natural gas supply agreements with Iraq and Turkmenistan that will enable the EU to reduce its dependence on Russian exports. EU external relations Commissioner Benita Ferrero-Waldner and Turkmen President Gurbanguly Berdymukhammedov (NOTE - CORRECT NAME) have agreed that the EU will buy 10 billion cubic metres (bcm) of gas annually from Turkmenistan. It aims to feed gas through a new pipeline under the Caspian Sea, to link with the planned Nabucco pipeline through Turkey into the EU.
At the same time, ...
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