Nabucco natural gas pipeline, initiated by a group of European energy companies, should the general gas-rich region of the Middle East and Central Asia to Europe to connect for the first time, to diversify the sources of supply would. Simultaneously announced an Italian-Russian consortium Nord Stream gas pipeline, the transport routes for the delivery of Russian gas to Europe would diversify. To win support, consisted backers of Nabucco and South Stream, that their projects were aime … Read more »

Nabucco natural gas pipeline, initiated by a group of European energy companies, should the general gas-rich region of the Middle East and Central Asia to Europe to connect for the first time, to diversify the sources of supply would. Simultaneously announced an Italian-Russian consortium Nord Stream gas pipeline, the transport routes for the delivery of Russian gas to Europe would diversify. To win support, consisted backers of Nabucco and South Stream, that their projects to fulfill the objectives of EU energy policy (reducing the use of fossil fuels on climate change and guaranteed physical availability and affordability of imported fossil fuels to combat) were addressed. But, as the case shows, both projects progressed slowly, encounter many technological and economic challenges, but they were obscured by the extreme politicization of the Nabucco and South Stream pipelines was a factor in the domestic politics of several European countries and prominent place in relations between the EU, EU countries, Russia, Turkey, the former Soviet republics in Central Asia and the Caucasus, and the United States. Although it would only a small part in the overall architecture of European energy security include, shows the case of Nabucco and South Stream, the limits of the EU’s ambitious energy policy.
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from
Rawi Abdelal,
Sogomon Tarontsi
Source: Harvard Business School
31 pages.
Release Date: 4 November 2010. Prod #: 711033-PDF-ENG
Energy Security in Europe (B): The Southern Corridor HBR case solution