Russian Energy Projects in the Black Sea Reach End of an Era
Turkish Prime Minister, Recep Tayyip Erdogan’s, March 16-17 Russia visit capped a four-week period of spectacular changes to Russian energy transit projects, in the Black Sea and beyond. During these critical weeks, Russia abandoned the Trans-Balkan oil pipeline project, which it had planned for more than a decade to form a transcontinental oil corridor, stretching from Kazakhstan to the Aegean Sea. The Kremlin also abandoned (in all but name) the South Stream gas pipeline project, designed to have stretched from the Black Sea into eight European countries. Moscow also had to register the stagnation of the Trans-Anatolian oil pipeline project, designed to connect Kazakhstan via Russia, the Black Sea, and Turkey with the Mediterranean. READ MORE
Nuclear Plants in Europe Are Delayed
BERLIN — With the crisis in Japan raising fears about nuclear power, Germany and Switzerland said on Monday that they would reassess the safety of their own reactors and possibly reduce their reliance on them. READ MORE


