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OpEdNews Op Eds    H2'ed 4/22/15

The EU-Gazprom war

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Gas from Azerbaijan, though, would be enough only for Bulgaria and Greece. That's far from what is needed. The EU badly needs Iran.

Here's something to watch carefully; a key platform to test Washington's true desire to go for a final nuclear deal. Washington knows that Brussels is absolutely desperate for Iranian energy -- but for that to happen all sanctions must be lifted immediately, as well as hasty negotiations leading to a tsunami of investment in the Iranian energy industry. For all this to be accomplished it will take not months, but years.

Meanwhile, Gazprom will be able to attack two crucial markets at once; Europe through Turkish Stream, and Asia through its massive contracts with China. The bottom line is that Gazprom remains the only certified option for most of the EU's energy needs in the foreseeable future.

Tell that to the certified own goal specialist gang in Brussels.

Pepe Escobar's latest book is Empire of Chaos.

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Pepe Escobar is an independent geopolitical analyst. He writes for RT, Sputnik and TomDispatch, and is a frequent contributor to websites and radio and TV shows ranging from the US to East Asia. He is the former roving correspondent for Asia (more...)
 

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