It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
PRAGUE — The European Union signed an energy agreement on Friday aimed at speeding up the construction of a long-delayed pipeline that would bring gas from the Caspian Sea to Europe and help offset the bloc’s dependence on Russian energy.
The agreement, signed by the leaders of Azerbaijan, Georgia, Turkey and Egypt at a summit meeting in Prague, centers on the 2,000-mile Nabucco pipeline, which would bring Central Asian gas to Europe without passing through Russian territory. The European Union hopes the pipeline will start pumping gas to Europe by 2014. The pressing need to find an alternative to Russian supply was underlined in January when a pricing dispute between Russia and Ukraine resulted in a shortage of gas supplies in several European countries.
...When asked about Washington's efforts to reset relations with Moscow, Putin said: "As to the NATO military exercises in Georgia, this is of course a signal in the other direction.
... U.S. President Barack Obama and his Russian counterpart, Dmitry Medvedev, have said they want to rebuild ties, but Georgia -- a transit route for Caspian oil and gas to Europe -- remains a sticking point.
Originally posted by JanusFIN - You want to know why?