PeakOil is You
by pablonite » Tue 05 Jan 2010, 14:02:14
Construction of the 56-inch, 2,050-mile pipeline, first proposed in 2002, is tentatively slated to begin next year and scheduled for completion by 2014...
...The zombies have gotten their wish – Caspian energy now indeed does flow through new multiple pipelines. The only problem for the wizards of Wall Street and the City is that they now flow mostly eastwards, to China
56 inch! That's huge!
by Ferretlover » Tue 05 Jan 2010, 17:34:56
by pablonite » Tue 19 Jan 2010, 01:48:21
Ferretlover wrote:Is there an average/regular/normal size for pipeline(s)?
If Nabucco is to succeed, there is one potential supplier that could step into the supply void, but for Washington, it is a country too far - Iran. Iran contains 16% of the world's natural gas reserves, second only to Russia. Washington has clearly and repeatedly stated its opposition to including Iran in Nabucco, as last month US Special Envoy for Eurasian Energy Richard Morningstar stated, "We have been constantly saying that, in our opinion, Iran is not in a position to become a part of any new projects in the Southern Corridor."
In response, speaking after a December 8 Iran-UAE joint economic commission meeting in Tehran, Iran's Foreign Minister Manouchehr Mottaki bitingly observed, "We have never heard that Europeans have entrusted the Americans with their authority to decide on the pipeline."
Motakki then added a blunt dose of reality, stating, "Speaking about the Nabucco pipeline without Iran's participation would amount to nothing but a pipeline void of gas." Mottaki's comments echoed those of Russian Prime Minister Vladimir Putin, who said in March that Nabucco was not feasible without Iranian participation.
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