Iran, Turkey to finalize gas export price by year end – Natural Gas Asia

European flag outside the Commission

European flag outside the Commission (Photo credit: Wikipedia)

This is an interesting article from Natural Gas Asia.

via Iran, Turkey to finalize gas export price by year end.

For me, the article, once again, highlights how natural gas is driving geo-politics.

Yesterday, I reported that Israel is hoping to export gas to Europe via a pipeline to Cyprus and Greece. 

Sadly, the European Commission are way behind the curve. Their idea of an effective energy policy is about green issues, not securing cost effective supply from an alternative to Russia.

Let me return to a favorite and ask same open question:

Surely, it’s in Europe’s geo-political interests to articulate an effective energy strategy?

Thoughts?

Israel eyes pipeline to export natural gas to southern Europe | Agricultural Commodities | Reuters

Natural gas pipelines from Russia to Europe

Natural gas pipelines from Russia to Europe (Photo credit: Wikipedia)

This is a important story from Reuters Africa. Check it out!

via Israel eyes pipeline to export natural gas to southern Europe | Agricultural Commodities | Reuters.

A gas pipeline from Israel to Europe, via Cyprus and Greece would be an enormous strategic project.

It would reduce Europe’s dependency on Russian gas.

It would also kick-start investment and jobs in Greece and Cyprus.

Finally, it would provide the troika of the ECB, the IMF and the European Commission an opportunity to offer an alternative strategy to austerity.

Thoughts?

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