PARIS, Dec 8: Three competing pipelines, South Stream, Nabucco and TAP, have launched projects in the past few years to supply southern Europe with gas from Russia, the Caspian Sea and beyond as Europe seeks to diversify its gas sources.

The Kremlin hopes that the South Stream pipeline will pump Russia’s gas to Europe while bypassing its unpredictable neighbour Ukraine. Russia launched the pipeline on Friday at a ceremony outside the Black Sea city of Anapa with European partners of the Russian gas giant Gazprom in the project — Italy’s ENI, France’s EDF and Germany’s Wintershall.

The 3,600 kilometre-long pipeline, with a capacity of 63 billion cubic metres will flow underneath the Black Sea and through the Balkans to supply Gazprom’s big European clients with Russian gas and ensure the security of its energy exports.

The Nabucco natural gas pipeline is backed by the EU as a way of bypassing Russia to bring Caspian gas to Europe. The Trans Adriatic Pipeline (TAP) aims to bolster Europe’s energy security by building a major gas pipeline to the Caspian that also skirts Russia, transporting gas from the Shah Deniz II field in Azerbaijan to Europe via northern Greece and Albania, before continuing under the Adriatic Sea to southern Italy.

TAP currently comprises the Swiss power group EGL, Norwegian Statoil and E.ON Ruhrgas of Germany.—AFP

More From This Section

ANALYSIS : Hanging regulators by a thread

One of the many legacies inherited by the Nawaz government from the Zardari rule is ‘acting’. Not meaning...

Sindh millers raise flour prices

The rate of flour has been raised to Rs38 per kg from Rs37 per kg, and the prices may go up further in the coming days.

Dar orders framing of agriculture policy

ISLAMABAD: Finance Minister Ishaq Dar on Saturday tasked the Ministry of National Food Security and Research to...

Stamp duty collection up

KARACHI: The Sindh government’s income from stamp duty surged by Rs586 million during July-March 2014 to Rs3.9...


Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
Cartoons
E-PAPER
Front Page