November 19, 2005

BLUE STREAM THROUGH THE RED STATES:

Putin Backs Turkey as Energy Hub (Christian Lowe and Ercan Ersoy, 11/18/05, Reuters)

The leaders of Russia, Turkey and Italy pledged on Thursday to boost oil and gas cooperation and bring Europe greater energy security after inaugurating a natural gas pipeline under the Black Sea.

The inauguration of the Blue Stream line also capped a big improvement in economic ties between Russia and NATO member Turkey as they set aside historic rivalries in favor of trade. [...]

Putin said Russian companies were ready for further cooperation in the Turkish oil and gas market, not only increasing exports but also taking part in building infrastructure and exploration and extraction of oil including taking equity.

"Blue Stream gives us an opportunity for shipping gas to other third countries ... There is the opportunity for building new oil and gas transport systems delivering to southern Italy, to the south of Europe as a whole and to Israel," Putin said.

Posted by Orrin Judd at November 19, 2005 12:43 PM
Comments

The Bush crime family and their evil oil buddies must be involved in this somehow! How?

Sorry, too much lurking @ kos & DU tonight. I need a bath w/antibacterial soap I think. Good night.

Posted by: Dave W. at November 20, 2005 1:46 AM

Feint. Now you see it; now you don't.

Next, Putin will be telling us how cutting-edge Russian companies will soon be helping Iran to market its surplus nuclear energy to energy-hungry nations around the Mediterranean, and maybe even to Europe.

Posted by: Barry Meislin at November 20, 2005 7:25 AM
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