Saturday, December 20, 2014
 
Follow sptimesonline on Facebook Follow sptimesonline on Twitter Follow sptimesonline on RSS Download APP
MOST READ



PARTNER NEWS



BLOGS



OPINION



WHERE TO GO?

19th Century Portraits

History of St. Petersburg Museum: Rumyantsev Mansion

 

Перевести на русский Перевести на русский

EU Can Unite on South Stream, If Not Sanctions

Published: July 25, 2014 (Issue # 1821)




  • Photo:

Strong suspicions of Russian involvement in the tragic shooting down of a Malaysia Airlines aircraft have led EU countries to consider new sanctions against Moscow.

Tough sanctions would involve targeting Russia's natural gas exports. But any new measures will fall short of this. Europe's dependence on Russian gas, and the pipeline projects that accompany it, handicaps the EU's response in the Ukraine crisis.

But if hard sanctions are not possible, the EU should at least make a choice in favor of energy independence from Russia. As a new European Commission forms in Brussels, EU leaders should appoint an energy commissioner with a strong backbone. The new commissioner should also be willing to confront one of the most effective Russian instruments for dividing Europe: the South Stream pipeline.

The EU has long known that it needs to improve its energy security, and events in Ukraine have placed it at the top of the European agenda. Russian gas accounts for nearly 30 percent of Europe's gas consumption, about half of which is transported through Ukraine.

Gazprom's recent decision to cut gas shipments to its neighbor and switch to a system of advance payments clearly put European gas supplies at risk, a danger President Vladimir Putin warned of in his April letter to European leaders. His message came after the EU decided to impose sanctions on a number of Russian individuals and companies, raising the possibility that Putin's warning was, in fact, an implicit threat that he can hurt Europe's economy as well.

The European Commission and some EU governments have therefore rightly concluded that European dependence on Russian gas leaves it exposed to political pressure from Moscow. So, on May 28, the European Commission published an energy security strategy. The strategy contains a set of measures to reduce Europe's overreliance on Russian gas and increase European "energy resilience" by liberalizing its gas market and diversifying its imports. But it is struggling to put this plan into practice.

The June 24 agreement between Austria's OMV and Gazprom to build part of the South Stream pipeline sent the wrong signal to Russia. Alongside a similar commitment from the Hungarian government in early July, it demonstrated that several EU countries valued their economic agendas over a united front on the Ukraine crisis. The ill-timed deal does not bode well for a coherent European approach to energy issues and foreign policy.

Pages: [1] [2 ] [3]






 


ALL ABOUT TOWN

Saturday, Dec. 20


The city’s Babushkina Park on Prospekt Obukhovskoy Oborony will be invaded by dozens of rocking-and-rolling Santa Clauses during today’s Santa Claus Parade. Not only will they parade through the park but there will also be competitions amongst the festively-clad participants and a musical master class. There will also be a prize for the best-dressed Santa Claus.


Add to your record collection during the Vinyl Christmas Sale at the KL10TCH bar on Konyushennaya Ploshchad today. Spend the afternoon perusing the records for sale while listening the classic, clean sound of records spinning out hits from a variety of musical genres and time periods.



Sunday, Dec. 21


The Zenit St. Petersburg basketball team returns to the northern capital this evening for a matchup with Krasny Oktyabr, a Volgograd-based basketball club. Tickets for the game, which tips off at 6 p.m. this evening, can be purchased on the club’s website or at their arena, Sibur Arena, on Krestovsky island.


Satisfy your sugar cravings during Sweet New Year, an ongoing seasonal festival at the Raduga shopping center. Each weekend of December will welcome hungry visitors to taste hundreds of different kinds of desserts made from a plethora of sweet treats. Workshops are open to visitors and seasonal gifts can also be purchased for those rushing to finish their New Year shopping.



Monday, Dec. 22


Pick out the latest fashions as holiday gifts for loved ones or as early presents for yourself during the Christmas Design Sale at Kraft on Obvodny Kanal, starting on Dec. 20 and continuing through Dec. 27. Designer clothes will be on sale every day of the week or you can buy something more festive to decorate the home while sipping on hot coffee and perusing the various master classes.



Tuesday, Dec. 23


Meet Arctic explorers Fedor Konukhov and Viktor Simonov during SPIBA’s and Capital Legal Service’s event “Arctic Expedition” this morning in the Mertens House business center at 21 Nevsky Prospekt. The meeting will discuss the explorers’ ongoing eco-social project and how companies can use the project as a unique marketing opportunity. Email office@spiba.ru by Dec. 22 if you wish to attend.



Wednesday, Dec. 24


The Anglican Church of St. Petersburg we will be holding a Christmas Eve service at 7 p.m. led by Rev Wm. Shepley Curtis of the Episcopal Church. The service will be held at the Swedish Church at 1/3 Malaya Konyushennaya Ulitsa.



To have your event included in All About Town, email tot@sptimes.ru



Times Talk