During the first week of September 2005, Russian President Vladimir Putin made two foreign trips, each aimed at advancing Russia’s energy policy interests. The North European gas pipeline project, unveiled in Germany, will directly connect the Russian gas transportation network with the European gas network and bypass transit states along its route, lowering the risk and cost of transporting Russian gas. In Greece, Putin urged the speeding up of another project, the oil pipeline between Bulgaria and Greece, also designed to remove intermediaries on the way to European energy markets. Both visits fit into Russia’s current economic pragmatism of making the best use of its vast natural resources. […]
Memo #:
370
Series:
1
PDF:
PDF URL:
http://www.gwu.edu/~ieresgwu/assets/docs/ponars/pm_0370.pdf