Category Archives: energy

France & UK, a battle for energy

France, a country for 78% dependent on nuclear energy has had many faces in recent battles for energy. UK generates 45% of its energy from Gas, 32% from coal and 13% from nuclear power.

The UK and France have been supporting Turkey for many years via the EU funds. Turkey is key in terms of decreasing Europe’s dependency from Russian Gas. And perhaps the only reason they have been in talks to join the EU for many years.

Russia has two recently new pipelines to Europe being the North and South stream pipeline. The Nabucco pipeline sources Gas via Georgia And Iran through Turkey to Europe. With Iran as the second largest country in terms of proven gas reserves an important future partner.

It has been reported many times before, but Qatar (third largest country in terms of proven gas reserves) has tried at least from 2009 on to connect to the Nabucco pipeline. First with negotiations with the Syrian regime and when this did not work, through supporting the “Syrian freedom fighters” with multi-billion funds and weapons. The intended pipeline from Qatar was supposed to go through Saudi Arabia, Jordan, Syria and on to Turkey. This as a pipelines through Iran or Irak was politically impossible.¬†France and the UK PM’s have always supported the Syrian “freedom fighters”. It was not until the UK MP’s voted not to support military action, that the US made a 180 degrees turn in its diplomacy.

Since then it seems that things have changed very quickly. Saudi Arabia seems to have a silent diplomatic war with the US. France just vetoed a resolution with Iran. I just wonder when Hollande will fly to Saudi Arabia to shake the hands of his new friends. Has France just secured its oil supply for the next decade, just as they did with their Gold supply when helping Mali. And then I wonder, where is the pay off for the UK? Has their insubordination to Saudi Arabia just backfired and are they now desperately looking for cheap gas from Qatar? The BBC just reported that energy prices are expected to increase with >10% next year in the UK.

We will see the development in the coming years….