Best of the Week
Most Popular
1. Five Charts That Show We Are on the Brink of an Unthinkable Financial Crisis- John_Mauldin
2.Bitcoin Parabolic Mania - Zeal_LLC
3.Bitcoin Doesn’t Exist – 2 - Raul_I_Meijer
4.Best Time / Month of Year to BUY a USED Car is DECEMBER, UK Analysis - Nadeem_Walayat
5.Labour Sheffield City Council Election Panic Could Prompt Suspension of Tree Felling's Private Security - N_Walayat
6.War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat Part2 - Stewart_Dougherty
7.How High Will Gold Go? - Harry_Dent
8.Bitcoin Doesn’t Exist – Forks and Mad Max - Raul_I_Meijer
9.UK Stagflation Risk As Inflation Hits 3.1% and House Prices Fall - GoldCore
10.New EU Rules For Cross-Border Cash, Gold Bullion Movements - GoldCore
Last 7 days
Silver As Strategic Metal: Why Its Price Will Soar - 21st Jan 18
Stocks, Gold and Interest Rates Three Amigos Ride On - 21st Jan 18
Why Sometimes, "Beating the S&P 500" Isn't Good Enough - 21st Jan 18
Bunnies and Geckos of Sheffield Street Tree Fellings Protests Explained - 21st Jan 18
Jim Rickards: Next Financial Panic Will Be the Biggest of All, with Only One Place to Turn… - 20th Jan 18
Macro Trend Changes for Gold in 2018 and Beyond - Empire Club of Canada - 20th Jan 18
Top 5 Trader Information Sources for Timely, Successful Investing - 20th Jan 18
Bond Market Bear Creating Gold Bull Market - 19th Jan 18
Gold Stocks GDX $25 Breakout on Earnings - 19th Jan 18
SPX is Higher But No Breakout - 19th Jan 18
Game Changer for Bitcoin - 19th Jan 18
Upside Risk for Gold in 2018 - 19th Jan 18
Money Minute - A 60-second snapshot of the UK Economy - 19th Jan 18
Discovery Sport Real MPG Fuel Economy Vs Land Rover 53.3 MPG Sales Pitch - 19th Jan 18
For Americans Buying Gold and Silver: Still a Big U.S. Pricing Advantage - 19th Jan 18
5 Maps And Charts That Predict Geopolitical Trends In 2018 - 19th Jan 18
North Korean Quagmire: Part 2. Bombing, Nuclear Threats, and Resolution - 19th Jan 18
Complete Guide On Forex Trading Market - 19th Jan 18
Bitcoin Crash Sees Flight To Physical Gold Coins and Bars - 18th Jan 18
The Interest Rates Are What Matter In This Market - 18th Jan 18
Crude Oil Sweat, Blood and Tears - 18th Jan 18
Land Rover Discovery Sport - Week 3 HSE Black Test Review - 18th Jan 18
The North Korea Quagmire: Part 1, A Contest of Colonialism and Communism - 18th Jan 18
Understand Currency Trade and Make Plenty of Money - 18th Jan 18
Bitcoin Price Crash Below $10,000. What's Next? We have answers… - 18th Jan 18
How to Trade Gold During Second Half of January, Daily Cycle Prediction - 18th Jan 18
More U.S. States Are Knocking Down Gold & Silver Barriers - 18th Jan 18
5 Economic Predictions for 2018 - 18th Jan 18
Land Rover Discovery Sport - What You Need to Know Before Buying - Owning Week 2 - 17th Jan 18
Bitcoin and Stock Prices, Both Symptoms of Speculative Extremes! - 17th Jan 18
So That’s What Stock Market Volatility Looks Like - 17th Jan 18
Tips On Choosing the Right Forex Dealer - 17th Jan 18
Crude Oil is Starting 2018 Strong but there's Undeniable Risk to the Downside - 16th Jan 18
SPX, NDX, INDU and RUT Stock Indices all at Resistance Levels - 16th Jan 18
Silver Prices To Surge – JP Morgan Has Acquired A “Massive Quantity of Physical Silver” - 16th Jan 18
Carillion Bankruptcy and the PFI Sector Spiraling Costs Crisis, Amey, G4S, Balfour Beatty, Serco.... - 16th Jan 18
Artificial Intelligence - Extermination of Humanity - 16th Jan 18
Carillion Goes Bust, as Government Refuses to Bailout PFI Contractors Debt and Pensions Liabilities - 15th Jan 18
What Really Happens in Iran?  - 15th Jan 18
Stock Market Near an Intermediate Top? - 15th Jan 18
The Key Economic Indicator You Should Watch in 2018 - 15th Jan 18
London Property Market Crash Looms As Prices Drop To 2 1/2 Year Low - 15th Jan 18
Some Fascinating Stock Market Fibonacci Relationships... - 15th Jan 18
How to Know If This Stock Market Rally Will Continue for Two More Months? - 14th Jan 18
Everything SMIGGLE from Pencil Cases to Water Bottles, Pens and Springs! - 14th Jan 18
Land Rover Discovery Sport Very Bad MPG Fuel Economy! Real Owner's Review - 14th Jan 18
Gold Miners’ Status Updated - 13th Jan 18
Gold And Silver – Review of Annual, Qrtly, Monthly, Weekly Charts. Reality v Sentiment - 13th Jan 18
Gold GLD ETF Update.. Bear Market Reversal Watch - 13th Jan 18
Stock Market Leadership In 2018 To Come From Oil & Gas - 13th Jan 18
Stock Market Primed for a Reversal - 13th Jan 18
Live Trading Webinar: Discover 3 High-Confidence Trade Set-Ups - 13th Jan 18
Optimum Entry Point for Gold and Silver Stocks - 12th Jan 18
Stock Selloffs Great for Gold - 12th Jan 18
These 3 Facts Show Gold Is Set to Surge in 2018 - 12th Jan 18
How China is Locking Up Critical Resources in the US’s Own Backyard - 12th Jan 18
Stock futures are struggling. May reverse Today - 12th Jan 18
Three Surprising Places You See Cryptocurrency - 12th Jan 18
Semi Seconductor Stocks Canary Still Chirping, But He’s Gonna Croak in 2018 - 12th Jan 18
Land Rover Discovery Sport Panoramic Sunroof Questions Answered - 12th Jan 18
Information About Trading With Alpari And Its Advantages - 12th Jan 18

Market Oracle FREE Newsletter

6 Critical Money Making Rules

Russia Natural Gas Politics vs Germany, Geopolitical Importance of Lubmin

Politics / GeoPolitics Jul 09, 2010 - 05:03 AM GMT

By: F_William_Engdahl

Politics

Best Financial Markets Analysis ArticleIn the postwar history of the Federal Republic, German Chancellors tend to disappear once they pursue political goals that deviate from the Washington global agenda too much. In the case of Gerhard Schroeder, it involved two unforgiveable “sins.” The first was his open opposition to the 2003 US invasion of Iraq. The second, far  more serious strategically, was his negotiations with Russia’s Putin to bring a major new natural gas pipeline directly from Russia, bypassing then-hostile Poland, to Germany. Today the first section of that Nord Stream gas pipeline has reached the Mecklenburg-Vorpommern coastal town of Lubmin on the Baltic Sea, making Lubmin into a geopolitical pivot for Europe and Russia.


Gerhard Schroeder in effect owed his job to the quiet but influential backing of US President Bill Clinton who, according to our German SPD sources, demanded that a Schroeder Red-Green coalition, if elected, support a US-NATO war against Serbia in 1999. Washington wanted to end the era of Helmut Kohl. By 2005, however, Schroeder was far too “German” for Washington, and, reportedly, the Bush Administration turned its considerable attention to backing a successor.

His last act as Chancellor was to approve a giant gas pipeline from Russia’s port of Vyborg near the Finnish border to Lubmin, called Nord Stream. On leaving office, Schroeder became chairman of Nord Stream AG, a joint venture between Russia’s state-owned Gazprom and German companies E.ON-Ruhrgas and BASF-Wintershall. He also increased his public critique of US foreign policies, accusing US-client state Georgia of initiating the 2008 war against South Ossetia.

In 2006 Poland’s neo-conservative Foreign Minister, Radoslaw Sikorski, a close Washington ally, compared the Nord Stream consortium to the 1939 Nazi-Soviet Pact. Since the collapse of the Soviet Union Washington policy has been to cultivate Poland as a wedge to block closer Russian-German economic and political cooperation, including the decision to station US missile defense and now Patriot missiles in Poland, aimed at Russia.

This month, despite ferocious political opposition from Poland and other countries, Schroeder’s Nord Stream project completed its first major goal when the first of two pipeline strings reached land at Lubmin, exactly on schedule. When the second string is landed later this month and the pipeline begins operation in late 2011, it will be the world’s biggest subsea gas pipeline, carrying 55 billion cubic metres of gas throughout Europe each year. The subsea route goes through the territorial waters and exclusive economic zones of Finland, Sweden, Denmark and Germany, avoiding Poland and the Baltic States of Estonia, Latvia and Lithuania. 

From Lubmin, which will be a transfer station, the OPAL pipeline will go 470 kilometers through Saxony to the Czech border. Other western pipeline routes will deliver Russian gas via existing pipe to Holland, France and to the UK, significantly increasing the energy links between the EU and Russia, a development not greeted in Washington. France’s GDF Suez, formerly Gaz de France, just bought a 9% share in Nord Stream AG and Holland’s gas infrastructure company N.V. Nederlandse Gasunie has 9%, giving the project broad EU participation, a major geopolitical accomplishment for the Putin-Medvedev government in face of strong US opposition. Nord Stream now has long-term gas supply agreements to supply gas to Denmark, the UK, France, Netherlands and Belgium as well as Germany.

North and South Energy Streams

Gazprom is also advancing a second major gas pipeline project, South Stream, to bring gas from Russia’s south coast under the Black Sea to Bulgaria, eventually ending up in Italy. On July 7, the Bulgarian government agreed after long negotiations to participate in the South Stream Gazprom project.



South Stream gas pipeline will transport Russian gas to western Europe, bypassing Ukraine, where Washington in recent years has expended considerable effort to push the country into an anti-Russian pro-NATO position. As a remnant from the Soviet era when the economies of the two countries operated as an integrated entity, most Russian gas pipelines transited Ukraine to the west, leaving Moscow highly vulnerable when a US-backed “Orange Revolution” in January 2005 brought Washington’s candidate, Viktor Yushchenko to power on a pro-NATO anti-Moscow platform. Recent elections there have eased tensions between Moscow and Kiev considerably as the new President,Viktor Yanukovych, has moved Ukraine to a more neutral stance between Moscow and NATO, keeping ties to both. The offshore part of the South Stream gas pipeline, jointly operated by Russia's Gazprom and Italy's ENI, will run from Russia's mainland under the Black Sea to the Bulgarian coast. Under the new agreement with Bulgaria, pre-existing gas pipelines through Bulgaria will be used for the transit.

Washington has put major pressure on EU countries as well as Turkey to build an alternative to Russia’s South Stream gas line, called Nabucco, that would eliminate Russia. To date Nabucco has little backing in the EU and insufficient sources of gas to fill the pipeline.

Completion of South Stream would weld a major geopolitical bond between the countries of the EU, Central Europe and Russia, something that would represent for Washington a geopolitical nightmare. US policy since World War II has been to dominate western Europe first by fanning the Cold War with the Soviet Union, and after 1990, by extending NATO eastwards to the borders of Russia. An increasingly independent western Europe turning east rather than across the Atlantic, could spell a major defeat for continued US “sole Superpower” domination.

So, unwittingly, the lovely seaside resort town of  Lubmin in northeastern Germany de facto has become a major pivot of the geopolitical drama between Washington and Eurasia whether its citizens realize or not.

By F. William Engdahl

www.engdahl.oilgeopolitics.net

*F. William Engdahl, author of Gods of Money: Wall Street and the Death of the American Century and Full Spectrum Dominance: Totalitarian Democracy in the New World Order (Third Millennium Press), may be reached via his website, www.engdahl.oilgeopolitics.net.

COPYRIGHT © 2010 F. William Engdahl. ALL RIGHTS RESERVED

F. William Engdahl Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules