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Dont cry for the Nabucco pipeline
2014-05-01 15:42:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: It is too late for regrets. With Europe worried that Moscow could cut off gas deliveries to Ukraine, which would trigger price volatility and supply risks throughout the continent, the failure of the Nabucco pipeline project stands out. Created to carry Caspian gas into Europe by bypassing Ukraine, Nabucco would have given Europeans and Americans a much-needed sense of supply security - though the pipeline would have carried its capacity of 31 billion cubic meters of gas annually only near the...
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