Ankara Bars

(ChattahBox) — Officials from six countries gathered Monday in Turkey and signed a deal to build a U.S.-backed pipeline carrying gas from Central Asia to Western Europe. The proposed pipeline would end reliance on Russia’s gas supplies to Europe. Russia provides over a quarter of Europe’s gas currently. Earlier this year Russia stopped all gas supplies to Ukraine and thereby Europe after talks collapsed to end a dispute over unpaid bills and prices. The Nabucco pipeline would run from Turke

Europe nears gas pipeline accord European governments are due to sign an agreement on the Nabucco gas pipeline on 13 July, the European Commission has announced.The Nabucco pipeline will bring Central Asian gas to western Europe via Turkey and the Balkans, bypassing Russia. Turkey, Bulgaria, Romania, Hungary and Austria – the pipeline’s five transit countries – will sign the accord. The pipeline – which will compete with new rival Russian pipelines – should be operational by 2014. Germany is als