Sunday, July 27, 2008

Nord Stream opening delayed

Alas, Nord Stream delays his delivery to 2012. EU environmental concerns , notably raised by Poland, Sweden, Estonia and Denmark, may have played some part in it. However seems that neighbouring Poland is voicing interest: if not to halt the project, Poland may partake, in the prudent words of former President Kwaśniewski . Obviously it would then make no strategic sense for Germany and Russia to bypass Poland and the Baltics just to have them as stakeholders. A more feasible solutions would be to have them benefitting from the materials and technology supply, as is the case of italian SAIPEM (see former post about Nord Stream).

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