EU Energy

I said in Poland a few weeks ago that energy was a key issue for the EU.  The signing last week of the Nabucco Intergovernmental Agreement is a big step forward towards diversification - and vitally a signal that the EU will take diversification seriously, with an 8 billion Euro project from Turkey to Austria via Bulgaria, Romania and Hungary and a capacity of 31 billion cubic metres of gas.  Azerbaijan is the key source country.  Iraq is involved too.  So this is big geopolitics. Link to Map of Nabucco  ...