a must read from pepe.......From Asia Times
"So, once again, the spineless European Union (EU) political "leadership" - once again acting like the poodles of choice - gloriously sabotaged what it has always billed as its most ambitious energy project; caved in to US pressure; and ultimately sacrificed its energy independence. And all this from people who never lose an opportunity to decry that Europe is a "gas hostage" to Russia's Gazprom.
As with all things Pipelineistan, there are layers and layers of nuance. Moscow is pulling out all the stops to prevent Iran from eventually joining Nabucco - because its top policy agenda is to extend its stranglehold over the EU's gas supply to 30%."
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