Inside the European pipeline fantasy that became a real-life gas war with Russia.

When Joschka Fischer's lucrative new job as the "political communications advisor" to a consortium of European energy companies was leaked to a German business publication this summer, there was one comment that stood out. "Welcome to the club," said Gerhard Schröder, an even more highly paid advocate for the other side in Europe's increasingly politicized energy war.

Schröder's remark was short, snide -- and very much to the point. For eight years, the two men had led Germany together, with Schröder ruling as its center-left chancellor and Fischer as his foreign minister. Their long-running partnership had survived a particularly complicated era in post-Cold War Europe, and publicly Fischer had always been supportive, even telling Der Spiegel that Schröder "will go down in the history books as a great chancellor." READ MORE

The ceremony devoted to the accomplishment of gas pipeline took place on September 9th in Sakiai region of Lithuania. READ MORE

Russian Prime Minister Vladimir Putin wooed Turkey's AKP government with grandiose vistas of a bilateral partnership on energy during his visit to Ankara. Along with his proposal to build Gazprom's South Stream pipeline to Europe via Turkey's Black Sea economic zone, Putin also discussed reviving Gazprom's Blue Stream Two pipeline project in a new form. READ MORE

Persistent long-term struggle of “Gazprom” against potential construction of Nabucco pipeline has failed. In Ankara the Heads of Turkish, Austrian, Hungarian, Bulgarian and Romanian Governments signed an intergovernmental agreement on the project of the gas pipeline that will deliver gas from Caspian region to Europe round Russia. Meanwhile Germany also engaged with this project didn’t put its sign under the agreement as it is not a transiting state. READ MORE