The headlines are ablaze this month with news from all over about new pipeline projects coming into Europe. Never one to miss an opportunity to do the U.S. State Department’s bidding in how it presents pipeline politics, Oilprice.com published a howler of a piece about the Southern Gas Corridor.
Titled, “Is This the World’s Most Critical Pipeline?” the piece is pure marketing fluff designed to make you think that Azerbaijani gas will change the face of European gas politics.
The beginning is the most telling, “Europe wants to become less dependent on Russian gas and use more clean energy…” This is a lie.
Europe doesn’t want this as a continent, the leaders of the European Union who are aligned with the United States who view Russia as the enemy want to become less dependent on Russian gas.
Most of Europe wants Russia to supply them with natural gas because it is 1) cheap and 2) plentiful. For geopolitical reasons the U.S. doesn’t want an ascendant Russia. The EU technocracy agrees because a strong Russia owning more than 40% of European gas sales is a Russia that can’t be destabilized through currency and proxy wars.
Southern Gas Boondoggle
The Southern Gas Corridor is a nearly 4000km (2500 mile) gas pipeline project to bring Caspian Sea natural gas into southern Europe. It is slated, when completed with all the side projects tying into it, between 60 and 120 billion cubic meters of gas annually (bcma) starting with an unknown amount from Azerbaijan in 2019.
That number comes from an announcement in the Financial Times circa 2008. A better number for it is closer to just 16 bcma.
…click on the above link to read the rest of the article…