Latest Blue Stream Stories

2009-07-04 11:11:19

Turkey has OK'd a transit agreement for the Nabucco pipeline intended to reduce European dependence on Russian gas, the European Union said. An intergovernmental pact to be signed in Ankara July 13 will expedite construction of the pipeline and bring Caspian and Middle East gas to Europe as early as 2014, E.U. officials said Friday. Turkey had delayed the transit agreement while bargaining for a 15 percent share of the pipeline's capacity. The exact percentage Turkey would receive had yet to...

2009-05-18 09:26:19

Russian natural gas giant Gazprom and Italian gas company Eni agreed to double the capacity of the proposed South Stream natural gas pipeline. Gazprom Chief Executive Officer Alexei Miller and Eni CEO Paulo Scaroni signed an agreement to raise the capacity to 63 billion cubic meters a year. The Moscow Times reported Monday. Prime Ministers Vladimir Putin and Silvio Berlusconi were in attendance, the Times said. The pipeline crossing the Black Sea to Bulgaria is likely to include branches to...

2009-04-21 08:18:09

The Russian energy giant Gazprom said it will sign agreements with Bulgaria, Serbia and Greece on its South Stream gas pipeline to Europe. Alexander Medvedev, the deputy director of Gazprom, told the Bulgarian Vesti TV channel Tuesday that all technical and economic assessments of the $13 billion South Stream project are to be completed this year when agreements with the three Balkan countries should be signed. Medvedev said Gazprom will urge the European Union to place the South Stream...

2008-10-08 12:00:32

Text of report by corporate-owned Russian news agency Interfax Moscow, 8 October: Russia's decision on its involvement in the construction of the Nabucco gas pipeline will depend on the situation in the region, Russian First Deputy Foreign Minister Andrey Denisov has told Interfax. "The project is still on paper, and it is difficult to assess its viability. Russia's involvement in it will depend on economic conditions and stability in the region," he said in an interview with Interfax....

2008-09-18 21:00:24

By Indrani Bagchi NEW DELHI: Senior Indian officials met their Turkish and Israeli counterparts in Ankara last week to work out the technical details of an offshore pipeline project to bring Central Asian and Russian oil to India. The Medstream project, which is essentially a multi-purpose project connecting Turkey and Israel through the Mediterranean Sea, has interested India since Turkish foreign minister Ali Babacan invited this country to join the project. Government sources said...

2008-09-17 12:00:30

Text of report by Serbian newspaper Politika website on 12 September [Report by Jasna Petrovic: "Sparks Flying Around South Stream"] The statement by Yuriy Buligin, a representative of the Russian chamber of commerce, that the ratification of the natural gas and oil agreement by the Serbian Assembly does not also mean that the construction of South Stream will begin has once more raised the question of what the actual future is of that alternative gas pipeline, which is supposed to be an...

2008-09-09 15:00:37

Text of article by Sergey Pravosudov, Director of the Institute for National Energy Policy, "US digs its own grave: The war in Georgia has shown that energy supplies to Europe that bypass Russia are unreliable" by heavyweight Russian newspaper Nezavisimaya Gazeta on 5 September In spite of strong pressure from the United States, the European Union declined to impose sanctions on Russia. There is nothing surprising in this, given that Europe, unlike the United States, is dependent upon...

2008-09-08 15:00:59

Vice President Dick Cheney repeated a warning Monday that an aggressive Russia should not be allowed to dominate Europe's energy supply. Cheney was visiting Rome in the home stretch of a four-nation tour of Europe that included stops in Azerbaijan, Georgia and Ukraine and was launched after Russia's military incursion into Georgia last month. The vice president presented his concerns to President Giorgio Napolitano prior to Tuesday's meeting with Prime Minister Silvio Berlusconi....

Word of the Day
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'