Energy Blast – Nov 16, 2009

Uppsala University in Sweden says the IEA’s annual World Energy Outlook ‘drastically underplayed the scale of future oil shortages‘.  Prime Minister Vladimir Putin has won Slovenia’s approval for the South Stream pipeline, ‘undermining European Union efforts to reduce dependency on Russian gas supplies‘.  A deal was signed late on Saturday, marking the fifth and final signatory of ‘all the European partners needed for this project to be completed‘.  Gazprom could receive ‘exclusive rights‘ as a supplier of liquefied natural gas to Singapore after the expiry of a current contract with British Gas.  RusAl is planning to sell a 10% stake to help repay its $14 billion debt, and may offer special ventures and access deals in a reported bid to help China take the lion’s share.  Iranian President Mahmoud Ahmadinejad says his country’s nuclear rights are ‘not negotiable‘.  Climate change is affecting the reindeer population on Russia’s border with Norway.

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One Comment

  1. DanielB
    Posted November 16, 2009 at 12:17 pm | Permalink

    ” Climate change is affecting the reindeer population on Russia’s border with Norway.”Must be read :” Climate change is affecting the reindeer population on Norway’s border with Russia ” as the article points , what a miracle , Norway and not Russia as the ” bad guy” !Paul Goble is silent !…The fact is that Sami’s were treated as nigg[censored]or yi[censored ] by the ” native Norwegians ” and their graves unearthed for ” scientifical studies ” .The article of course speaks of global warming but it should had speak also of the effect of NATO drills in the region .

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