An Energy Eye on Russia: Week 3.5/U.S. Worried about Russia's Energy Power and the Ukraine wants to cut out the Middleman (Russia)

U.S. Worried About Russia's Balkan Energy Grab

The headline about says it all. The U.S. sees Russia's moves as "strategic", asking the Serbs.. Did you consider that MAYBE Russia is looking to gain "possible economic dependency and possibility of political control."?? Hmm???

The U.S. of course supports Energy Diversity through Nabucco (EU Pipeline), not South Stream (Russian Pipeline).

Interesting definitions of Energy Security here. Serbs said it was the deal with Russia (split 50-50) - EU and US say it's Nabucco.


Forbes: Energy Sector Round Up (Associated Press)

I'm not quite sure of the logistics of this? Does it mean Nabucco?

"Ukraine's prime minister says the country wants to buy natural gas supplies directly instead of going through an intermediary company partially owned by Russia."

"Nearly all of Ukraine's gas imports come through Russia from the energy-rich central Asian nation of Turkmenistan. The gas is imported through the Swiss-based trading company RosUkrEnergo, half of which is owned by Russian energy giant Gazprom and half by two Ukrainian businessmen."

In other news, did you hear that Turkmenistan is giving its citizens free energy? That's Energy Rich and People Poor.